OMG To The Moon!

9 May 2018

Daily
Looking over at our trend timeframe we see price is in a beautiful uptrend. OMG is looking to form a Higher Low @ 147000 sats. Triple top on the daily resistance leads to this idea. Another possible idea is a breakout towards the upside, with a daily close above 181700 sats. Stochastic RSI showing momentum has bottomed out, and is slowly heading towards the upside.


4Hour
Shifting over to our pattern timeframe we see price tested 170000 sats multiple times. A 4hour close above 181700 sats on the 4hour activates the trade. Momentum looking bullish on pattern timeframe.


Hourly
Finally looking over at our trigger timeframe we see price has formed a double bottom inside our support zone. An hour close above 177000 activates our hourly trade. Stochastic RSI showing short term bearish momentum.

Coin: OMG
Exchange: Bittrex
Buy Stop: 181700 sats
Target 1: 182600, (+10%)
Target 2: 250000,(+ 37%)
Target 3: 332200, (+83%)
Stoploss: 170000, (-6.5%)

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