KarySah

Idea (June 06, 2018) (OMG/BTC)

Long
KarySah Updated   
BITTREX:OMGBTC   OMG Network / Bitcoin
New signal

OMG/BTC
Bittrex
Entry 0.00152 (wait price to reach this level)
StopLoss 0.00141
Rating 3.5/5
Profit goals1: 0.00159 (Take 50%)
Profit goals2: 0.00166 (Take 25%)
Profit goals3: 0.00176 (Take 25%)

When T1 reached: New Stop loss for remaining position moves to 0.00145
When T2 reached: New Stop loss for remaining position is entry point 0.00152

WHY? We are taking the rebounce from new support and expecting to reach next resistance level. Good risk reward of 1.2 and social sentiment. Great news on June 30: "Honte (OmiseGO network preparation for Plasma) is currently on course to be delivered in Q1 to Q2 of 2018"
Comment:
Our entry price has not been reached. Wait for it
Order cancelled:
Entry price never reached, and now with Bitcoin falling, it is not wise to keep it open. Order cancelled as we never entered the trade

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