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$OMG/USDT 4h (#BinanceFutures) Ascending trendline breakdown
OmiseGO / TetherUS PERPETUAL CONTRACT
Short
$OMG/USDT 4h (#BinanceFutures) Ascending trendline breakdown
By TradingOn
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Updated
Apr 3, 2023
3
Mar 29, 2023
OMG Network (f.k.a. OmiseGo) printed a shooting star below 50MA resistance and seems about to retrace down further.
⚡️⚡️ #OMG/USDT ⚡️⚡️
Exchanges: Binance Futures
Signal Type: Regular (Short)
Leverage: Isolated (3.0X)
Amount: 8.4%
Current Price:
1.711
Entry Targets:
1) 1.796
Take-Profit Targets:
1) 1.476
Stop Targets:
1) 2.010
Published By: @Zblaba
O
OMG
#OMGUSDT #OmgNetwork #OmiseGo #L2
Risk/Reward= 1:1.5
Expected Profit= +53.5%
Possible Loss= -35.7%
Estimated Gaintime= 1 week
Apr 3, 2023
Order cancelled
TP hit before entry
OMG Network went straight for target, unfortunately trade was not activated but good to see bias was on point!
DEFI
Fibonacci
layer2
Moving Averages
OMG
omgfoundation
omgnetwork
omgusdt
omisego
poa
scaling
Trend Lines
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