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rbinar
31. Aug. 2017 23:43

OMGBTC and Double Top Short

OMG Network / BitcoinBittrex

Beschreibung

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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