Is OMG OmiseGo Network about to explode surfing on crypto uptrend? Could recent acquisition by Hong Kong OTC help to support expected reversal trend? - OMG/USDT pair seems to have achieve his correction from last spring and summer pumps (V1 & rebranding...) - OMG/BTC pair show double bottom structure
Let's see ! Feel free to share your opinion
This is not a financial advice. These are purely my opinions and speculations/ DYOR
How long of a time frame do you think it takes to hit $10? Thanks for the idea :-)
JrmyFq
⋅
@DFUZZY1 I would love get the answer :) there is still a risk to correct lower close to $2 but global trend is according me up and technically more oriented to $10 then $18 for next 6 months (hope)
DFUZZY1
⋅
@JrmyFq, oh man I was hoping we were past that... what do you think a good stop loss is then? $ 3.0 even?
JrmyFq
⋅
@DFUZZY1, from above stage $3 means a 20% loss it's dangerous and the limit according me
@DFUZZY1 my opinion and trend interpretation of market (not an advice and position proposal) : if previous resistance hold as a support (upper part of the triangle) so trend is still bullish for me. We have to look at BTC pair as well. Double bottom structure (W) hypothesis could take 8-10 months to recover... Patience is key. Use stop loss
@DFUZZY1 hard to say depends of BTC correction actually. If today BTC retracement is an accident and if OMG hold $2,85 it has potential to go up but from now we have to envisage that next support is $1,8 to $2,2. Only my opinion DYOR (important)
Thanks for the idea :-)