This is an update to my previous idea.
Currently bouncing off of major support which is also a critical fib level 618
I would buy once clear upward movement is shown - higher low and higher high in 1hr time frame is the safest but may miss out on maximizing gains. It might be worth buying with a very tight stop-loss right below the major support.
Currently bouncing off of major support which is also a critical fib level 618
I would buy once clear upward movement is shown - higher low and higher high in 1hr time frame is the safest but may miss out on maximizing gains. It might be worth buying with a very tight stop-loss right below the major support.
Comment:
BTC correction might not be over so becareful!
OMG might fall below the support. I'd wait for clear trend reversal
OMG might fall below the support. I'd wait for clear trend reversal
Comment:
People noted that trend cannot reverse without volume spikes. I'd like to show that OMG in the past had dip reversals with lower volume.
People noted that trend cannot reverse without volume spikes. I'd like to show that OMG in the past had dip reversals with lower volume.
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choo choo all aboard the OMG Train
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wow i wake up to a crazy downfall.. got stopped out. watching carefully now
Comment:
Looks like we are forming a pennant or symmetrical triangle between the "minor resistance" - which i should've called pivot resistance and the support.
Wait for a breakout before buying.
Wait for a breakout before buying.
Comment:
New analysis
New analysis
Link to previous idea