OMG - Elliot Triangle completed - Uptrend about to start
Dear community,
OMG USD caught our intention due to its sane corrective behavior on top of strong fundamentals on the technology side.
Assumptions:
- Completion of Elliot Wave triangle.
- In last segment of resistance (see Pitchfan)
- Triple bottom within the triangle
-RSI oversold and at bottom
- Great R/R ratio
Stop Loss: $7.6
SL to be readjusted to break even after 1st is achieved and so on.
Target profits:
TP 1 --> $11
TP 2 --> $14
TP 3 --> $17
TP 4 --> $28
This forecast is not a financial advice, study, exercise yourself, put into question your reasoning.
Well, strive to be a better trader tomorrow than we are today.
All the Best from the Crypto Space
Alteroc
AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
OMG USD caught our intention due to its sane corrective behavior on top of strong fundamentals on the technology side.
Assumptions:
- Completion of Elliot Wave triangle.
- In last segment of resistance (see Pitchfan)
- Triple bottom within the triangle
-RSI oversold and at bottom
- Great R/R ratio
Stop Loss: $7.6
SL to be readjusted to break even after 1st is achieved and so on.
Target profits:
TP 1 --> $11
TP 2 --> $14
TP 3 --> $17
TP 4 --> $28
This forecast is not a financial advice, study, exercise yourself, put into question your reasoning.
Well, strive to be a better trader tomorrow than we are today.
All the Best from the Crypto Space
Alteroc
AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai/referral/ap3m9
twitter.com/alteroc_trading
Note
Lowering the buy area to $7.5 Note
Transaction en cours
Heading to the buy area.Further move down from BTC will allow us to scale orders until the $6.4 area
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.