OM / TetherUS
Long

TECHNICAL ANALYSIS $OM 12-JUL

122
It is a fact that in an uptrend, the price just keeps increasing. Until it doesn't increase anymore (breaking the important demand zone).

So our job is to find this important demand area, which is considered half of the success.

If the search is not accurate, it doesn't matter because you place SL after this zone and the last trick is capital management.

When the price touches Supply or Demand, there is no guarantee that it will decrease or increase further. But if there is confirmation in a small frame, it will be a big support factor.

Canh LONG OM and remember to manage your capital.

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.