OMGBTC A great opportunity to make profit! Very hot moves

At the 4-hour timeframe chart we can see a nice bullish flag formed after consolidation and correction period finished.

Technical analysis is great as well as fundamentals. We can see majority of indicators become bullish and the reason is the volume grows and the price made a break out of the local triangle. Moreover there is a hidden bullish divergence of price oscillator and price movement which is drawn at the chart

We gave this signal in the premium channel 4 hours ago

The buy zone is 0.000330-350

Free targets:
0.000371
0.000394

Stop loss:
0.000287

Commentaire:

We are at the edge of the buy zone it is a nice opportunity to gain OMG

Commentaire:

If you check the chart now, you can see the price follows the analysis. However it has a higher volatility and higher fluctuations as well. This is confirmed by DMI broadening channel

Nevertheless we still have bullish divergence and momentum. OMG will hit our targets in the short term

Transaction en cours:

The price reached 0.000435 yesterday. 2nd target is hit and we recommend to fix the major part of profit

Profit: 31.8%
Duration: 15 days

Trade fermée: cible de profit atteinte:

All free targets were hit

Profit: 19.4%

Commentaire:

Update

The price movement formed another 5-Elliott impulse growth waves. That is how the targets were reached so sharply. Currently it should go down in ABC retracement pattern and after consolidation our long term targets will be active.

It is better to leave this position for several weeks