Sold OMG. Correction after ATH. Maybe soon we'll see $7 again.
Updated
Ok. We not reached our $28 target (see my last idea below) yet but we made a really nice ATH to almost $22.
Now it seems like a correction is coming in. Also BTC broke it's support line what is a sign for me for a harder dip soon.
It's now likely that OMG get back to at least $12 area before it will bounce and we can reach our target of $28 sooner or later.
If the resistance at $12 is breaking this can even go down to $9 or $7 area.
I am out for now and already sold my position.
Now I wait for a better entry level again because 290% profit seems to be enough and even if the bounce come earlier then I expect I am more than happy.
My next entry levels depending on what will happen.
Maybe at around $9, $7 or $11-12.
If it don't go so low I rebuy at $21.
Do your own research. Trade on your own risk.
Last idea:
Now it seems like a correction is coming in. Also BTC broke it's support line what is a sign for me for a harder dip soon.
It's now likely that OMG get back to at least $12 area before it will bounce and we can reach our target of $28 sooner or later.
If the resistance at $12 is breaking this can even go down to $9 or $7 area.
I am out for now and already sold my position.
Now I wait for a better entry level again because 290% profit seems to be enough and even if the bounce come earlier then I expect I am more than happy.
My next entry levels depending on what will happen.
Maybe at around $9, $7 or $11-12.
If it don't go so low I rebuy at $21.
Do your own research. Trade on your own risk.
Last idea:
Trade active
It took a bit longer then I expected but we reached our first buy level.The prices bounced in the area of $12 and it should go up from now.
Next target can be $21 again. But it is strongly depending on what BTC is doing.
If price goes down to $13 again it's maybe a good idea to sell again to get in at the $9 or $7 area.
some previous commenters:
Sometimes patients is the key. Of course you can buy in the smaller bounce to get a $2 profit with higher risk. Nothing wrong on this. But you can also wait for the confirmation and buy in on a safer level with more secureness. This is what I did.
Good luck with your trades.
Do your own research. Trade on your own risk.
Note
Time to buy.
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