Alkhimov_Vlog
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Hello, Community.
I want to share my opinion on the coin $OM .
On Wednesday, I noted it for breaking out of the sideways range, but it retraced and we didn’t consider it further.
However, on Saturday, it shot up with one candle from the bottom and is now in consolidation.
Usually, people start to believe that it will continue to grow.
They open positions and set stops all roughly in one place. I marked this place with an arrow on the screenshot.
If you are one of them, then most likely, I will profit from you. I noted this situation and will wait for a breakdown to short.
It is important to note that this is a scalping trade and the entry point must appear in the order book. You won't see it from the mobile app or the Binance website - you need software.
I will post a screenshot or video of the execution in the comments to this post if I wait for it.)
I want to share my opinion on the coin $OM .
On Wednesday, I noted it for breaking out of the sideways range, but it retraced and we didn’t consider it further.
However, on Saturday, it shot up with one candle from the bottom and is now in consolidation.
Usually, people start to believe that it will continue to grow.
They open positions and set stops all roughly in one place. I marked this place with an arrow on the screenshot.
If you are one of them, then most likely, I will profit from you. I noted this situation and will wait for a breakdown to short.
It is important to note that this is a scalping trade and the entry point must appear in the order book. You won't see it from the mobile app or the Binance website - you need software.
I will post a screenshot or video of the execution in the comments to this post if I wait for it.)
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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