OMG/USD Long 1:2 Mid-Term Trade
Long Entry: 6.65-6.90
Target 1: 7.19
Target 2: 7.27
Target 3: 7.35
Stop Loss: 6.58 for tighter one
Risk:Reward 1:1.78 to 1:2 according to your entry level.
Time: 3 days 12hours.
This is a trade I'm in right now, I got in a bit early at 6.96 but I will accumulate my position down between 6.8 and 6.65 range. OMG has upcoming 3 events. 2 Exchange Listing and a summit.
July 30 - Listing on Coinx(coinevents.co/omisego-omg/)
July 31 - Listing on BitPanda
August 1 - Decentralized Web Summit
Also they have an Airdrop - Electrify.Asia in August according to coincalendar.com
If we reach the targets according to plan I might hold the position and change the targets for a potential uptrend reversal. Also you can see the 2 possible scenarios by looking at the white and yellow elliot waves. Let's see how this is gonna work out.
Target 1: 7.19
Target 2: 7.27
Target 3: 7.35
Stop Loss: 6.58 for tighter one
Risk:Reward 1:1.78 to 1:2 according to your entry level.
Time: 3 days 12hours.
This is a trade I'm in right now, I got in a bit early at 6.96 but I will accumulate my position down between 6.8 and 6.65 range. OMG has upcoming 3 events. 2 Exchange Listing and a summit.
July 30 - Listing on Coinx(coinevents.co/omisego-omg/)
July 31 - Listing on BitPanda
August 1 - Decentralized Web Summit
Also they have an Airdrop - Electrify.Asia in August according to coincalendar.com
If we reach the targets according to plan I might hold the position and change the targets for a potential uptrend reversal. Also you can see the 2 possible scenarios by looking at the white and yellow elliot waves. Let's see how this is gonna work out.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.