VectorAlgo

OM - SHORT opportunity | RSI Divergence

Short
VectorAlgo Updated   
BINANCE:OMUSDT   OM / TetherUS
#OM/USDT #Analysis
Description

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+ I'm seeing clear RSI divergence pointing towards bearish price trend for the OM/USDT
+ Also the chart looks like the price has reached double top pattern which is a bearish pattern.
+ Overall there is a short trade opportunity if we trade carefully.
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VectorAlgo Trade Details
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Entry Price: 0.3056
Stop Loss: 0.3802
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Target 1: 0.26770
Target 2: 0.24950
Target 3: 0.22281
Target 4: 0.17431
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5x
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo
Comment:
SL Hit

Enhance. Trade. Grow

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