RE: OMG wave!

You are viewing a single comment's thread from:

OMG wave!

in cryptocurrency •  7 years ago 

Usually this is pattern us triggered by some great news or pump and dump. I don't know OMG but the third last candle indicated there was some price preasure pushing down and it retreated back up.

From this point of view I wouldn't enter a trade now. What goes way up must come down again at some point. FOMO is present but people start to take profit and it is going to decline, except there is some huge positive news, but even then it might decline a little.

For me the train allready left, as we say in Germany...

But just my Oppinion...

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!
Sort Order:  

I agree actually :) I had some OMG and I've sold that. You should buy when it's low and sell, when it's high♥