Extension #2, $OMG

٩ مايو ٢٠١٨

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 testing 170000 sats for support multiple times. A 4hour close above 181700 sats on the 4hour activates the trade. Stochastic RSI showing momentum is bullish.


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.

Conclusion 
Buy: After break and close above 181700
Sell: DM me I’ll send you my donation address