OmiseGo / Bitcoin
Long
Updated

OMGBTC: HORIZONTAL CHANNEL

289
Hello traders!
Omisego is in a horizontal channel, this is a neutral sign in general.
If the price breaks through the top or bottom of the channel, the horizontal channel will end until a new channel is established. I am bullish because kumo cloud is acting as support and it's holding pretty good, I also have myself covered with a stoploss in case we break the bottom of the channel.
Break the channel through the top (196920 sats) would make me extremely bullish.

- THIS IS NOT FINANCIAL ADVICE -
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