OMG/USD - Easy profit or not?

31. Juli 2018

Hello everyone, I'm back with my new trading idea. As you can see, BINANCE:OMGUSD has touched the descending support (BLUE LINE) few times in the past 3 months. Everytime it touched the support, the price went significantly up. RSI is 34, which is near the oversold level. In my opinion, we can expect the price to go up in the next 2-3 days. Maybe it could drop a bit lower, but this is still a good time to get on the train :)

Have in mind that I'm still a beginner and this idea might fail quickly after posting this idea. Always do your own research before getting in any trades. Good luck. :)
Please tell me what do you think about this idea in the comments and if you agree with me, please rate it up :)

2. Aug. 2018

Anmerkung

All prices are depending on BTC too much .. We'll see what's going to happen.

8. Aug. 2018

Trade ist aktiv

It's hard to say what is going to happen since most of the currencies, including OmiseGo depend on BTC.

According to the updated chart, we might see $4.5 before bouncing off (if BTC doesn't go straight down and OMG follows it)

8. Aug. 2018

Anmerkung

25. Aug. 2018

Order storniert

Although I'm still holding my OMG, this idea is cancelled :P