$OG latest market update 🚀
Long/Short: Long
Entry: 2.8406–2.8622
Stop loss: 2.8250
Targets: 2.8790/2.9030/2.9390
Analysis: Oh wow, look at this chart—so many signs, and they’re all quite solid. The EMA has crossed above the long-term line, and the MACD also formed a golden cross. It feels like you’ve reached the “top of the world,” so to speak. But then again, the RSI is at 48.4—still fairly normal. It just feels like this consolidation range is a bit too narrow. Isn’t this move basically just grinding you down? Wait for it to break out or break down before jumping in; otherwise, you can just consider the profits from this range. Still, one more thing: I recommend a stop-loss at 2.825. After all, I’m the kind of person who likes a bit of psychological play—whoever drops and whoever rises is up to your trades.
Risk warning: Recommended stop loss: 2.825000. Please adjust your position size according to your own risk tolerance.
#OG
Long/Short: Long
Entry: 2.8406–2.8622
Stop loss: 2.8250
Targets: 2.8790/2.9030/2.9390
Analysis: Oh wow, look at this chart—so many signs, and they’re all quite solid. The EMA has crossed above the long-term line, and the MACD also formed a golden cross. It feels like you’ve reached the “top of the world,” so to speak. But then again, the RSI is at 48.4—still fairly normal. It just feels like this consolidation range is a bit too narrow. Isn’t this move basically just grinding you down? Wait for it to break out or break down before jumping in; otherwise, you can just consider the profits from this range. Still, one more thing: I recommend a stop-loss at 2.825. After all, I’m the kind of person who likes a bit of psychological play—whoever drops and whoever rises is up to your trades.
Risk warning: Recommended stop loss: 2.825000. Please adjust your position size according to your own risk tolerance.
#OG