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OmiseGo How to Trade

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Based on the 4H chart we can see a double top chart pattern. It belongs to a reversal group of chart patterns. We should expect for downward movement to 5.5000 level at least. This is a support level which can stop and reverse the market. Also the uptrend line is an additional support in this zone. We must be ready to open long trades based on a confirmed reversal signal. Stop orders must be placed below the local swing low. If the market drops below 5.5000 level, we'll get a confirmation of the double top pattern. The market will drop to 3.7000 support level. If the market bounces from this level, it will be a new trading opportunity.
DLavrov
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CryptocurrencyDouble Top or BottomOMGUSDomisegoSupport and ResistanceTrend Analysis

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CryptocurrencyDouble Top or BottomOMGUSDomisegoSupport and ResistanceTrend Analysis
DLavrov
💰COPY MY TRADES FOR FREE! Join 👉 bit.ly/41DKDBD

📣 Get Welcome Bonuses for 1st Trade 👉 bit.ly/bonus_bybit

💎 Share My BEST Trades here 👉 bit.ly/wubits
更多:

免责声明

这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。