OMG/ETH Crystal Ball hasn’t failed me yet
These last couple of weeks have been great if you’ve been following OmiseGO. There hasn’t really been any deception in the OMG/ETH chart and the swing trade I opened last week has developed perfectly up to this point. I’ve closed 20% of my initial position at 0.025, and my second sell order for another 20% closed at 0.0285 in the middle of today’s rocket of a green candle. The third 20% closed near the top of the candle at 0.034.
I’m expecting a retrace/consolidation back to the 0.025 level before our next big move towards the 0.038 level where I’ll close another 20%. The last 20% will be a dynamic trade that I plan to develop once we receive news of the Cosmos OMG airdrop. I try to rely on prominent historical resistance and support levels, but I’m really only relying on speculation of how high this could go in anticipation of the “hard spoon”. I’m not going to rule out closing the last 20% of my initial 0.0225 OMG/ETH position around the 0.06-0.065 levels.
We’re in for a fun April and May OmiseBros.
- Peace -
I’m expecting a retrace/consolidation back to the 0.025 level before our next big move towards the 0.038 level where I’ll close another 20%. The last 20% will be a dynamic trade that I plan to develop once we receive news of the Cosmos OMG airdrop. I try to rely on prominent historical resistance and support levels, but I’m really only relying on speculation of how high this could go in anticipation of the “hard spoon”. I’m not going to rule out closing the last 20% of my initial 0.0225 OMG/ETH position around the 0.06-0.065 levels.
We’re in for a fun April and May OmiseBros.
- Peace -
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