Long
OMGUSDT UPDATE
OMGUSDT is looking very attractive here, on the weekly and monthly TF price is testing strong demand and we can expect a reaction from bulls, on the daily timeframe we can see price has recently broke below this wedge formation which would have induced bears into the market. I am looking for a dip below the low of the previous week then we will look for an entry signal on lower timeframes according to our strategies. If entry rules are met target is the neckline of the weekly M formation which is around 160% without leverage.
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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.