Pun intended. Haha.
OMGUSD seems to form a double bottom. Still, its price movement is dependent on BTCUSD.
See my analysis on BTCUSD to know the price movement.
OMGUSD seems to form a double bottom. Still, its price movement is dependent on BTCUSD.
See my analysis on BTCUSD to know the price movement.
Note
Seeing 1.42 as the minimum targetNote
Passed the resistance at 1.3Note
oops wrong chart above.Note
TARGET HIT!!! Time to take profitsNote
staying above 1.3Note
RSI isnt overbought but price action says people are taking profits. A possible mini-retracement could happen before another move up. Still, those candles dont look good to me.Note
Possible bottom for OMG?
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.