I want to show you something. I'm not saying this will happen but...
Take a look at this chart. It is beautiful. And according to what it is telling me, we have two (possibly three) more days MAX (but probably less) of consolidation for OmiseGo. Once complete, we would break out and above our shorter downward sloping ORANGE trendline. Of course, the possibility remains that we could break down too, BUT remember, the trend is your friend. And there is more reason to believe OMG will go higher including but not limited to:
- Bitcoin continuing to lead upwards
- Great support at 78.6% ($7.60)
- Current trend for OMG
- Middle Bollinger rising rapidly for support
- etc.
Our longer term (maybe not till October) target is $15.28 (161.8% Fib), DOUBLE CURRENT PRICE! At which point you will be yelling, "OMG"!
WARNING: This is a high risk trade with risk of big losses. You MUST put in your stops properly. Stop out would be at $7.60.
Trade carefully and, as always, happy trading my friends.
Take a look at this chart. It is beautiful. And according to what it is telling me, we have two (possibly three) more days MAX (but probably less) of consolidation for OmiseGo. Once complete, we would break out and above our shorter downward sloping ORANGE trendline. Of course, the possibility remains that we could break down too, BUT remember, the trend is your friend. And there is more reason to believe OMG will go higher including but not limited to:
- Bitcoin continuing to lead upwards
- Great support at 78.6% ($7.60)
- Current trend for OMG
- Middle Bollinger rising rapidly for support
- etc.
Our longer term (maybe not till October) target is $15.28 (161.8% Fib), DOUBLE CURRENT PRICE! At which point you will be yelling, "OMG"!
WARNING: This is a high risk trade with risk of big losses. You MUST put in your stops properly. Stop out would be at $7.60.
Trade carefully and, as always, happy trading my friends.
评论:
Halfway to your 2x gains now. Congrats friends! Hold tight. Trailing stop should follow that trendline up and be adjusted daily.
Stewdamus Trades -
Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
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Prophesying the price action of markets one chart at a time.
Crypto predictions, targets, how-tos, and much, much more!
Never miss a prophecy. Sign up for my free newsletter at:
stewdam.us