Long
$OMGUSD bounce off 2020 lows? (2/5)

Low conviction trade
bounced off 100 and 200 WMA, could be good buy point
but Weekly RSI is not at super attractive levels.
on the other hand, daily RSI has been hovering at oversold levels for about a month now, so could be good entry.
bounced off 100 and 200 WMA, could be good buy point
but Weekly RSI is not at super attractive levels.
on the other hand, daily RSI has been hovering at oversold levels for about a month now, so could be good 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.