OMGBTC one more chance up

מעודכן
OMG is on the move again. See the chart for targets. If you buy now, it's gonna be risky so always be cautious when trading OMG as of now.
הערה
wait for the pullback before buying

תמונת-בזק
הערה
should not break the yellow uptrend line if it wants to keep pushing up

תמונת-בזק
הערה
there's an uptrend channel. we just recently touched support levels. and now trying to break resistances if we want to move up. selling pressure is subsiding. hopefully, buyers would rush in again and move the prices up

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הערה
Broke support but
הערה
Broke support but there's buying demand as indicated by the long wicks. If price could go lower down to the demand zone, then OMG could be in danger. Once BTC settles at a specific level, the trading volume should flow back in to OMG and the other altcoins.

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הערה
there's a gap up in OMG. buy now while it's not yet too late

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הערה
Trade idea invalidated because of Bitcoin's rise. There's distribution that's going on as seen by the descending triangle.

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הערה
If the last candlestick to the right doesnt close higher than the green candlestick, then we could go lower. Probably to the demand zone.

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הערה
it's a breakout from the downtrend slope. This show signs of altcoin market recovery.

תמונת-בזק
altcoinBitcoin (Cryptocurrency)cryptoCryptocurrencyFibonacciOMGomisegoTrend Analysis

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