FieryTrading

πŸ”₯ OMG Break-Out Continued: Bullish Price Action

Long
BINANCE:OMGUSDT   OmiseGO / TetherUS
Yesterday, OMG broke out of a semi-symmetrical triangle, marking a new path upward.

After seeing a short period of consolidation around the $6.50 level, OMG has started to see more buying pressure as of this moment.

Seeing the general bullishness of the crypto market in general, I think we'll be seeing more bullish price action from OMG in the near future.

On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.

Happy trading!
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Comments

buy from support! nice plan!
+1 Reply
FieryTrading soheilvazirifar
@soheilvazirifar, Yes, the trade from two weeks ago has indeed ended. Cheers.
Reply
Very detailed analysis. Thanks
Reply
Awesome! Keep sharing with us
Reply
Looking good for further upside :) nice
Reply
nice analysis mate, thanks for sharing
Reply
long after correction!thanks for sharing!
Reply
Absolutely agree with this long scenario πŸ‘Œ
Reply
Thx. Good job
Reply
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