Long
Small OMG Profit
OMGBTC is currently falling on the 4 hour chart heading straight to the 200 ema. I expect to see a small bounce off this line with the sell target at the 55 ema. This equates to a 5%-8% profit potential. The green box indicates my personal buy zone and the red line indicates resistance as well as where I plan to sell. I will place a stop loss just under the green support line.Note
My green buy box was off by 4 sats. The price quickly jumped to the resistance line and then fell back down.
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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.