OMG/BTC - Long over 116k satoshi
OMG had a nice run up back in August to all time highs. It's gradually scaled back since with a more than 75% pullback and found a solid support floor around 45k satoshi.
We've seen a quick break out with support riding along the 50 day moving average. I'll be watching out for consolidation above the 50 day moving average into the bullish flag that's forming.
First Buy: 116k satoshi
Second Buy: 120k satoshi
Stop-Loss: 89k satoshi
Target #1: 200k satoshi
Target #2: 260k satoshi
Target #3: 290k satoshi
We've seen a quick break out with support riding along the 50 day moving average. I'll be watching out for consolidation above the 50 day moving average into the bullish flag that's forming.
First Buy: 116k satoshi
Second Buy: 120k satoshi
Stop-Loss: 89k satoshi
Target #1: 200k satoshi
Target #2: 260k satoshi
Target #3: 290k satoshi
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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.