$OMNI USDT
UPDATE
The bullish triangle pattern is formed on #OMNI 8H chart, now it's ready to break the pattern, in case of successful breakout.
Currently testing support level, next support could be the test of parallel channel. On the flip side, initial horizontal resistance lies around 22.80, upon break out next resistance lies around 29.80
The price printed a higher high and now it seems that it has defined a higher low in form of a hammer candle. If bulls remain in control and manage to break higher high, we can expect higher targets.
Current Price: $17.18
📈 24h change: 10.2%
24h Volume: $81,071,878
Mcap: $177,694,513
Entry price is 15.5 - 16.6
Target price is 22.5 - 29.5 long term HOLD
Stop loss price is 13.0
Don’t forget to set stop loss, Always follow your trading plan regarding entry, risk management, and trade management.
Disclaimer: Any content in this text does not constitute investment advice. This text provides an objective description of the market situation and should not be considered an offer to sell or a solicitation to buy.
DYOR
NOT FINANCIAL ADVICE