OmiseGoShort
OMGUSD - short term short, consolodation phase, resume bull
OMG falling on hourly, symmetrical triangle forming on larger pattern. This will take time to consolidate. Good resistance around $10 for a bounce, can buy at $8.67 on larger time scale, if trendlines remain unbroken.
Look for consolidation, followed by a breakout to $15. Think longer term on the upswing.
Just my idea, please share your thoughts.
Look for consolidation, followed by a breakout to $15. Think longer term on the upswing.
Just my idea, please share your thoughts.
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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.