OMGUSD (Volume Analysis Prediction 4/16/2018)
Ticker: OMGUSD
Exchange: BITFINEX
Signal: short-term @Long
The price in consolidation after the upward movement
Trading idea:
Most of the market duplicates bitcoin traffic
OMG moves completely independently
We buy from the support itself with which the price has already interacted,
with the closing of the position on the opposite boundary of the consolidation.
This is a short-term transaction, since the market (globally) is in consolidation,
and it is difficult to give long-term quality recommendations
Entry point: 13.15
Stop: 12.96
Target1: 13.66
Target2: 14.23
Exchange: BITFINEX
Signal: short-term @Long
The price in consolidation after the upward movement
Trading idea:
Most of the market duplicates bitcoin traffic
OMG moves completely independently
We buy from the support itself with which the price has already interacted,
with the closing of the position on the opposite boundary of the consolidation.
This is a short-term transaction, since the market (globally) is in consolidation,
and it is difficult to give long-term quality recommendations
Entry point: 13.15
Stop: 12.96
Target1: 13.66
Target2: 14.23
Trade closed: target reached