Watching OMGBTC, currently price isn't moving beyond 180k to 140k range, we need some kind of confirmation of uptrend.
Uptrend1 is weak uptrend line. If it holds up to 180k level
Uptrend2 is strong uptrend line. If it hold up trade can be taken at 140k with high % of recovery
Uptrend1: 180k Target 220k+
Uptrend2: 140k Target 180k, Target2 220k
Uptrend2 broken new idea will need to be posted.
Uptrend1 is weak uptrend line. If it holds up to 180k level
Uptrend2 is strong uptrend line. If it hold up trade can be taken at 140k with high % of recovery
Uptrend1: 180k Target 220k+
Uptrend2: 140k Target 180k, Target2 220k
Uptrend2 broken new idea will need to be posted.
Note
180k level broken, bought in at 170k on confirmation of momentum target 220kNote
For those not in yet, wait for confirmation of uptrend1, possible buy pointNote
Uptrend1 broken we look to uptrend2Note
Stop hit Uptrend 1 broke which we can expect move to uptrend2. Was wrong about initial entry
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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.