Long
OMG/UDST Strong Price Action Spotted: Bullish Scenario
OMG/USDT has shown strong bullish price action over the last three days. Yesterday I already wanted to make this post, but with BTC showing erratic behaviour I wanted to wait till things cooled down a bit.
Since April, the last two big bullish moves from OMG started with large bullish daily candles emerging after a relatively quiet time of consolidation, see the yellow squares. I think we might see more bullish action in the coming days!
For the short term, I've marked two areas of resistance where I think the price could reverse: Resistance 1 and Resistance 2. In case both resistances get beaten, we might rival the ATH soon.
Since April, the last two big bullish moves from OMG started with large bullish daily candles emerging after a relatively quiet time of consolidation, see the yellow squares. I think we might see more bullish action in the coming days!
For the short term, I've marked two areas of resistance where I think the price could reverse: Resistance 1 and Resistance 2. In case both resistances get beaten, we might rival the ATH soon.
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🎯Official Channel: t.me/FieryTradingChannel
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
📈Try my Premium Signals for FREE - 80% Win-Rate: t.me/FT_Futures_free
✅Monster Signals: t.me/monster_cryptosignals
🔥Premium Signals: fierytrading.com
Related publications
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.