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OMG Network (OMG) – June 7 for BINANCE:OMGUSDT by readCrypto

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(OMGUSDT 1W Chart)

Below 2.440 is likely a mid- to long-term investment area, so careful trading is required.

(1D chart)

In the short-term and mid- to long-term perspective, it needs to rise above 2.589 and find support to turn into an uptrend.

(buy)

– After confirming the support at 2.589

(Stop Loss)

– When it falls below 2.360 and receives resistance

(Sell)

– When receiving resistance in the section 3.464-4.020

– When resistance is received in the section 5.499-6.585

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** All indicators are lagging indicators.

Therefore, it is important to be aware that the indicator will move accordingly as price and volume move.

However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator.

** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet.

** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.)

** Support or resistance is based on the closing price of the 1D chart.

** All descriptions are for reference only and do not guarantee a profit or loss in investment.

(Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.)

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