rbinar
Short

OMGBTC and Double Top

BITTREX:OMGBTC   OmiseGO / Bitcoin
OMG is one of good coins. It was moving in up trend since last month. OMGBTC looks like building double top pattern in 60 minutes chart. I tried to show this pattern and graphic. If it will not broken and become double top when it will broken 0.00230000. It will go down as X distance and it will test its up trend's support line (which line i showed as orange.) You can use as buy chance this support line of up trend.
Do not forget 0.00204969 is important support point which point ensure up trend for now. If double top pattern will broken before complete it might go up to 0.00255000 then you can try trade as put stop loss to 0.00255000. If you have position at OMG you can use 0.00230000 as profit stop loss.
Trade ist aktiv: OMG reached buy zone (orange lines) You can trade in up trend ranges.
Trade ist aktiv: OMG made new top
Kommentar: Follow me for more analyses please.
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