Short
Updated

$OMG/USDT 4h (#BinanceFutures) Ascending trendline breakdown

134
OMG Network (f.k.a. OmiseGo) printed a shooting star below 50MA resistance and seems about to retrace down further.

⚡️⚡️ #OMG/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 8.4%

Current Price:
1.711

Entry Targets:
1) 1.796

Take-Profit Targets:
1) 1.476

Stop Targets:
1) 2.010

Published By: @Zblaba

OMG #OMGUSDT #OmgNetwork #OmiseGo #L2

Risk/Reward= 1:1.5
Expected Profit= +53.5%
Possible Loss= -35.7%
Estimated Gaintime= 1 week
Order cancelled
TP hit before entry

OMG Network went straight for target, unfortunately trade was not activated but good to see bias was on point!

snapshot

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.