Ether2020

OMUSDT - an extended analysis with entry, targets and stop loss

Ether2020 Updated   
BINANCE:OMUSDT   OM / TetherUS
Dear friends,

Here is my analysis of OM USDT on the 8 hour chart which in a giant triangle (orange trendline)
We see a bullish falling wedge (blue) To go long, the best entry at breakout and close of a candle above it!

The entry for long only above 0.1612, stop loss 0.1335.
Below the stoploss line 0.1355 expect the price to decline to 0.0856.

The targets are marked in the chart.
Keep an eye on the orange trendline which is heavy resistance!

Good luck and I wish all of you a happy, successful and healty 2022!

Disclaimer This is my view, no advice to buy or sell. Also always do your own research!

--->> Dear friends please follow me for updates and give me support with a like 👍 if you like me to continue this work. Thanks 💚
Comment:
Dear friends,

The target was exactly! Profit 48.65 without leverage.


This chart will not be updated anymore.

Wish you all very good profits!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.