OM is cooking smth
OM 1H chart possibly finishing BULLISH falling wedge pattern.
It has found a solid ground inside of Fib golden level, already did a retest, has a contact with EMA 200, Buy Order block is present so demand is strong at this level. Overall we have 5 concenssus that supports the Idea of price stabilization and consolidation.
In my opinion Ideally the price will consolidate at least for one more day until it crosses the upper wedge line and should meet EMA 50 and then make a move.
Stay alert for pump soon, it can happen any time.
It has found a solid ground inside of Fib golden level, already did a retest, has a contact with EMA 200, Buy Order block is present so demand is strong at this level. Overall we have 5 concenssus that supports the Idea of price stabilization and consolidation.
In my opinion Ideally the price will consolidate at least for one more day until it crosses the upper wedge line and should meet EMA 50 and then make a move.
Stay alert for pump soon, it can happen any time.
Note
If bottom line holds and no surprises happens, pump of at least 10-16% is very much possible close to the tip. it would be two bullish patterns completion
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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.