$OMG/USDT 4h (#BinanceFutures) Ascending trendline breakdown

OMG Network (f.k.a. OmiseGo) printed a shooting star below 50MA resistance and seems about to retrace down further.

⚡️⚡️ #OMG/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 8.4%

Current Price:
1.711

Entry Targets:
1) 1.796

Take-Profit Targets:
1) 1.476

Stop Targets:
1) 2.010

Published By: @TradingOn

$OMG #OMGUSDT #OmgNetwork #OmiseGo #L2

Risk/Reward= 1:1.5
Expected Profit= +53.5%
Possible Loss= -35.7%
Estimated Gaintime= 1 week

Order cancelled:

TP hit before entry

OMG Network went straight for target, unfortunately trade was not activated but good to see bias was on point!