From the Local top we have hit the 236
We have since pulled back to previous structure
Looking for a 1.618 move to the upside - accumulation area during the drop to local low
TP2 would be the 200 SMA on the 4H Chart
STOP is aggressive resulting in an R:R that is not ideal so tighten up the stop under the 20 SMA and...
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,...
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
I am a big fan of numbers. People like to make up numbers too. Popular numbers to many, are well just that- popular numbers to many. Watch this go down. This is going to blow your minds haha.