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yarr
Oct 8, 2017 7:19 PM

OMGUSD Buy Opportunity Long

OmiseGo / DollarBitfinex

Description

Go OmiseGo!

Buy Signal. Indicator and Candles are pointing it's forming Bullish Divergence + Falling wedge pattern is proving we are going to have trend reversal.

We want to buy green area.

// Constructive feedback and comments are welcome!

I'll keep updating!

Trade active

This is great opportunity to buy. We are seeing trend reversal here.

Bouncing off from the support.

Comment



Finally it did broke upwards! There's long term target.

Will keep updating!

Trade closed: target reached

Comments
dimayayo
back to buy zone
sonlamhut
Your good analysis. Appreciate your efforts.
yarr
@sonlamhut, Thank you!
VanBenno
Looks like you might be seeing that 6 USD support getting hit.
yarr
@VanBenno, I'm doubting this. When there was news from china closing exchanges. It did not touched the support line back then and I'm doubting it will touch this time.

This is actually very cheap omisego right now.
stefancaspari
I am not so sure about that support level, it is weak and i can see it drop even further down to around the 7 usd mark.
yarr
@stefancaspari, bounced back up already ^^
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