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Weekly forecast | OmiseGO / BIT technical chart | |||
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Symbol | OMGBIT |
Trading suggestion: There is possibility of temporary retracement to suggested Trend Hunter Buy Zone (87.15000 to 79.10000). We wait during the retracement, until the price tests the zone, whether approaching, touching or entering the zone. While the price is below the level 96.5, the probability of beginning of uptrend is too weak, so we would enter the market with buy trades based on Daily-Trading-Opportunities and a day close price above 96.5 and expect to reach short-term targets.
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Date | March 11, 2020 - 20:29 | |||
Current | range bound | |||
Forecast | beginning of uptrend | |||
Midterm forecast:
Technical analysis:
Take Profits:
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