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VaidoVeek
Nov 19, 2018 7:33 AM

OmiseGO [OMG/USD] Risky Trade Opportunity! 

OmiseGo / DollarBitfinex

Description

Hey!

Those who just can't wait and those who want to make trades on the risky market then here is a possible trade opportunity.

Technical trade criteria:
1. Round number $2.5
2. Trendline should act as a support
3. 50% from the current top
4. Fibonacci extension levels
5. Different timeframe RSI Divergence

It should make a pretty good profit but currently the market situation is a bit risky (BTC' shows some small signs to make another leg down, at the moment no clear confirmations) so maybe You want to wait a little bit or starting the laddering tactic.

Targets are on the chart - arrow top points!

Hopefully, this analysis helps You out a little bit to confirm Your own!

Please, don't forget to LIKE!

Have a nice day!


*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!

Trade active

Trade closed: stop reached

Comments
ohguy91
thank u for your idea.
VaidoVeek
@ohguy91, You are welcome but watch out, currently, BTC has started the leg down, a bounce upwards would be perfect!
Good luck!
ohguy91
@VaidoVeek, yeap.
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