OM - SHORT opportunity | RSI Divergence

#OM/USDT #Analysis
Description
---------------------------------------------------------------
+ I'm seeing clear RSI divergence pointing towards bearish price trend for the OM/USDT
+ Also the chart looks like the price has reached double top pattern which is a bearish pattern.
+ Overall there is a short trade opportunity if we trade carefully.
---------------------------------------------------------------
VectorAlgo Trade Details
------------------------------
Entry Price: 0.3056
Stop Loss: 0.3802
------------------------------
Target 1: 0.26770
Target 2: 0.24950
Target 3: 0.22281
Target 4: 0.17431
------------------------------
Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
Don't forget to like and follow us for more trading ideas and discussions.

Best Regards,
VectorAlgo

تعليق:

SL Hit