OMG Network / BitcoinUpdated OMGBTC 8/9
TK crossover confirm bearish trend on OMG
Failure to break 115k resistance shows weakness
We look to recently formed uptrend line for confirmation
Bounce off uptrend trade can be taken
Break of resistance 115k trade can be taken
Break of uptrend we look for price action at 85k support, new idea will be posted.
Failure to break 115k resistance shows weakness
We look to recently formed uptrend line for confirmation
Bounce off uptrend trade can be taken
Break of resistance 115k trade can be taken
Break of uptrend we look for price action at 85k support, new idea will be posted.
Note
OMG break 115k on news, 120k is next level of resistanceTrade closed: stop reached
Stop was hit at 142k
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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.