CryptoStation

🆓OMG Network (OMG) Apr-16 #OMG $OMG

Long
BINANCE:OMGUSDT   OmiseGO / TetherUS

OMG is likely to form a Broadening Rising Wedge pattern, which is a typical pattern of some uptrends. If it doesn't lose the $4.5 zone, it will move up to the $6 zone, which is a very strong resistance that could cause OMG to correct strongly before continuing to move up to the $7 and $8 zones. However, if OMG loses the $4.5 zone, this setup will be wrong and it will fall to the $3.8 or even $3.2 zone.

📈RED PLAN
♻️Condition : If 1-Day closes ABOVE 4.5$ zone
🔴Buy : 4.5
🔴Sell : 5.2 - 6 - 7 - 8

📉BLUE PLAN
♻️Condition : If 1-Day closes BELOW 4.5$ zone
🔵Sell : 4.5
🔵Buy : 3.8 - 3.2

❓Details
📈Red Arrow : Main Direction as RED PLAN
📉Blue Arrow : Back-Up Direction as BLUE PLAN
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
Haftungsausschluss

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