OmiseGO is entering a buy zone. Watch the ascending triangle and volume for potential entry.
It also has a little bit of a "cup" pattern.
The 0.618 retracement is around 20K satoshi, so this is an important level to watch if you buy on the 17K break. A soft rejection here should be expected, but a sharp rejection would signal the major bearish trend is still in effect.
Happy trading!
It also has a little bit of a "cup" pattern.
The 0.618 retracement is around 20K satoshi, so this is an important level to watch if you buy on the 17K break. A soft rejection here should be expected, but a sharp rejection would signal the major bearish trend is still in effect.
Happy trading!
Note
Getting some price action on OMG, but no buy signal yet. Signal could very well come today, however.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.