#OMG/USDT 8h (ByBit) Descending wedge breakout and retest
Updated
OMG Network pulled back to demand zone where it printed a dragondfly doji. A small bounce towards 100EMA would make sense!
⚡️⚡️ #OMG/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (5.8X)
Amount: 5%
Current Price:
0.520
Entry Targets:
1) 0.511
Take-Profit Targets:
1) 0.581
Stop Targets:
1) 0.476
Published By: @Zblaba
OMG #OMGUSDT #OmgNetwork #OmiseGo #L2
Risk/Reward= 1:2
Expected Profit= +79.5%
Possible Loss= -39.7%
⚡️⚡️ #OMG/USDT ⚡️⚡️
Exchanges: ByBit USDT
Signal Type: Regular (Long)
Leverage: Isolated (5.8X)
Amount: 5%
Current Price:
0.520
Entry Targets:
1) 0.511
Take-Profit Targets:
1) 0.581
Stop Targets:
1) 0.476
Published By: @Zblaba
OMG #OMGUSDT #OmgNetwork #OmiseGo #L2Risk/Reward= 1:2
Expected Profit= +79.5%
Possible Loss= -39.7%
Trade active
ByBit USDT#OMG/USDT All entry targets achieved
Average Entry Price: 0.511 💵
Trade closed: stop reached
ByBit USDT#OMG/USDT Stoploss ⛔️
Loss: 39.726% 📉
OMG lost wedge support and invalidated the bullish scenario.
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