After being in a range bound for almost a month POLONIEX:OMNIBTC is up by 240% and now it is facing some resistance due to 100 day and 200 day moving average.
One of the trade booster is there's been a crossover of 20 day and 50 day moving average which previously happened in august month.
The price will be range bound for few more days till more reversal signs are established.
Buy orders can be placed at 0.0082 levels with stop-loss at 0.0030 and targets at 0.0145 and 0.02188
Note: Good coin for long term and this trade will surely test your patience.
Follow me for more analysis.
Likes and comments are welcomed
One of the trade booster is there's been a crossover of 20 day and 50 day moving average which previously happened in august month.
The price will be range bound for few more days till more reversal signs are established.
Buy orders can be placed at 0.0082 levels with stop-loss at 0.0030 and targets at 0.0145 and 0.02188
Note: Good coin for long term and this trade will surely test your patience.
Follow me for more analysis.
Likes and comments are welcomed