🚨 ATTENTION: FRESH SIGNAL ALERT! 🚨
🪙 Coin: #OMG/USDT (4h)
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Analyzing the 4-hour chart, we spot an ascending triangle formation in OMG (OmiseGO), a bullish pattern by nature. However, it's essential to consider the Relative Strength Index (RSI), which could indicate a potential decrease in momentum if it diverges in a bearish direction. To validate the bullish trajectory, breaking above the resistance line is pivotal. Conversely, failure to breach this level, coupled with bearish RSI signals, might signify a bearish reversal. While the ascending triangle initially suggests bullish momentum, vigilance for confirmation signals is paramount, as bearish indicators could alter the outlook for OMG.
Entry Point: Market Price at 0.684
Signal Type: SHORT
Take Profit Targets:
🎯 $0.630
🎯 $0.589
🎯 $0.529
🔒 Leverage: 20x
⛔ Stop Loss: $0.725
Don't let this opportunity slip away! 💸