Crypto Trade setup (OMG)steemCreated with Sketch.

in cryptocurrency •  7 years ago 

Let's take a close look at OmiseGO (OMG) for a quick trade.

This is a very strong coin which is available on Binance, Poloneix, BitFinex, Bittrex and other exchanges, so this trade is available for everyone basically.

OMG is a very active coin and it has been seeing positive upward action for a while now. We just bounced from the support line of an ascending channel , so there is room for more growth. Several other indicators are also telling me that this coin can be good for a quick and risky profitable trade.

Let's take a look...

Below you can find the trade instructions:

Buy-in: 0.00148 - 0.00178

Targets:

(1) 0.00198
(2) 0.00228 (Aim for this target)
(3) 0.00248

Additional targets (longer term):

(4) 0.00278
(5) 0.00358

Stop-loss: 0.001420 (Maximum risk about 20%)

Note: The stop loss is recommended for this trade. If the trade goes south, the stop loss will cut your loss and kick you out of the trade.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!