OMG 1D Trading in the channel without sudden movements

4 feb 2021

We already have a tradition, or whatever you call it, to update the OMGUSDT idea every two months.

After the publication of our previous idea, the OMGUSD price fell by -50% and did not reach the final target a bit.
Then the growth in the form of stairs began.
But if you look at the picture globally, the channel that was drawn at the end of last year is still working skillfully.
The upper limit of the channel is now at the level of $5.30 and it can be assumed that the OMGUSDT value will grow exactly there.

And those who have been keeping OMG longs since September 2020, when we published our first idea, will get a chance to break even. Then there was a lot of negativity in our direction from OMG fans and they did not believe that it would fall, but you see how it happened.

So, the upper limit of the channel is $5.30.
The bottom of the channel is close to $3, a cool range to trade.
$2.40-2.60 is a cool range for a set of medium-term longs.
See you in 2 months :)
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)