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#OMG #OmiseGo BOTTOMED. GOT SUPPORT AT PREV. SUPPORT LEVEL OF 45111 SAT, WHICH IS AT FIB 100. OMG JUST OVER THE EDGE OF EMA 21 WHICH IS GOOD
OmiseGo News: Team Close To Completing Plasma Integration
OmiseGo is building a public, permissionless, peer-to-peer network that focuses on mobile wallets being used in Southeast Asia. As an ERC-20 token based on a decentralized exchange, OmiseGo will be scaling their startup with Plasma technology.
In their most recent announcement, the OmiseGo team detailed where they’re at in terms of completing the ambitious Plasma project, as well as what they’ll be researching during their next phase.
5 MONTHS BACK NEWS – Vitalik Buterin: Sharding and Plasma Could Scale Ethereum by 10,000x
Spiked the price of OMG AND ETH
STOP LOSS 45111 SAT
ENTRY PRICE BTW 47189-52962 SAT
#TARGET PRICE in SAT
MAIN TARGETS
————
1. 68611
2. 85674
3. 117519
OPTIONAL TARGETS
————–
139886,
162000,
189000 SAT
OMG up rally got strong resistance at FIB 38.2 & 23.6
HOW TO TRADE?
KEEP STRICT STOP LOSS, NO MATTER IF IT TRIGGERED, VERY LITTLE LOSS, BUT VERY LOW CHANCES OF SL TRIGGER BECAUSE OF OMG NEWS.
Always trade with news here, once you are in good profit, make sure you exit at each profit levels. After every small rally there will be correction and if market goes good, you can take reentry.
If omg breaks fib levels strongly, wait for next level, becareful at fib level 61.8 1,17519 sat, make sure you book 60% profit here.
DISCLAIMER: This analysis is just for eductional purpose, users are requested to DYOR before any type of investment.
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