Potential BTC Short to $ as we approach a well established upper trendline and strong resistance zone at about $ With the bottom support level being around the $ mark, it gives me good confidence that if we see a solid rejection in the near future, then price should have a fairly easy fall down to around $ at a minimum. TradingView. EN. TradingView. Sign In. Ticker Trading Ideas Educational Ideas Scripts People. Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center. OMG possibly one of the most underrated tokens on the cryptocurrency market to date. Been descending on the weekly since April 30th. 50MA sits $ which is a resistance (Purple Box). After seeing positive gains in the whole market in the last week, Possible pull back is in order, but seeing as BTC .
Tradingview omg btcBTC — TradingView
Quick Ratio, FQ —. Total Assets, FQ —. Total Debt, FQ —. Operating Metrics. Return on Assets, TTM —. Return on Equity, TTM —. Revenue per Employee, TTM —. Price History. Average Volume 10 day —. Beta - 1 Year —. Price - 52 Week High —. Price - 52 Week Low —. Dividends Paid, FY —. Dividends per Share, FY —.
Expected Annual Dividends —. Dividends Yield —. Net Margin, TTM —. Gross Margin, TTM —. Operating Margin, TTM —. Pretax Margin, TTM —. The patter as a whole is bearish. And make no mistakes the correction phase is still ON. The forming wedge patter is another sign that the drop is inevitable.
You can clearly count 5 waves up from Wave ii bottom. The entry was perfect. Time to exit and watch what happens next. Wave ii continued sliding. So I had to relabel the chart - but it still means the same thing. BUY with very little risk. See how it quickly recovered from today's low - a panic bottom. It's very close to the earlier 2nd wave.
Head and Shoulders pattern. In the daily chart an ascending triangle pattern is visible. The price is on the verge of break out. It has accumulated and now is in the middle of a minor correction before most likely breaking out. That said, my trade setup for now would be slightly conservative, I'd prefer to go Videos only.