Technically a good entry level should be around $1.5:
- The trendline from the bottom start to act as a support
- Fibonacci retracement/golden ratio 62%
- Previously worked strong price level
- The round number $1.50
From a technical perspective, this level should be pretty strong, add here some fundamentals, watch closely what BTC does, do Your own research,...
Buy in: 0.000330 - 0.000350
Stop loss: Close weekly candle below 0.000290.
Straight to the point.
This is a trade signal.
Consider supporting us by hitting LIKE before or after you collect the profits.
I have longed OMGUSD for a long time and taking profit at this stage. Looking to short again in the coming push up possibly also create divergence.
PRE-ENTRY OMGUSD SHORT
ENTRY - 2.12$
TARGET - 1.5$
STOP - 2.35$
hi i am udit aggarwal i have experience of trading for 6 years and i am doing it full time just sharing my thoughts for omg/usdt for buy position because it is on support and is on trendline breakout just see good candle stick on h4 for buying and take trade ..
please do comment, like ,share and follow me for more setups :)
ALL THE BEST FOR TRADE
BITFINEX:OMGUSD price crossed above the resistance level set at $1.80 and is looking to set a new support level at $1.9582. Price breaks out of Bullish pennant triangle signaling an upcoming bullish run in coming weeks.
$OMG Recovered from Bitcoin pump and now its testing ~450sats weekly resistance/EMA200.... Breaking from it would lead to a big movement!.
UCTS buy signal on the 1D ( 35%+ in profit)
Volume increasing consistently
EMA50/100 as support
RSI reaching overbought levels
Trying to work on recognizing meaningful support & resistance. Here we have OMG climbing back into a consolation zone at previous all time lows. Looking ahead I have identified spots of horizontal resistance that may work as good prices to take profit. All criticism is welcome!
$OMG update, Looking good..
UCTS Buy signal on the daily (Over 40% in profit.. Amazing week!)
Volume at really high lvls
Crossing over EMA200 or retesting ~450 succesfully is key for continuation
RSI Stoch bullish div
Falling below ascending trendline is a warning!
Those who have been in our trading group since inception knows my attachment to OMG and the way i have studied this chart for some time, one of only a few crypto currencies im actually bullish on long term to deliver fundamentally.
We have been chasing this bottom for literally months and ill post some charts in the comments to show what we where looking at all...