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ArchiTrader80
Jan 22, 2021 7:52 PM

Will OvOa be able to maintain upwards momentum? Long

Description

OvOa demonstrates a good upward dynamics since inception. Despite heavy selling pressure in the last few days it was able to stay above the important 1.30 support level. In case it break up and closes above 1.50 resistance zone it seems like a good LONG position.

Potential swing trade setup:
- LONG entry at ~1.40 additional entry at ~1.30, SL 1.25
- 1.80 partial TP, set SL at entry
- 2.30 set trailing SL or close entire position

Just my personal opinion, please do your own research before making decisions!
Comments
The_Bitmex_Scalper
awesome job!
ArchiTrader80
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