bennef

Solid base for OMG

Long
BINANCE:OMGBTC   OmiseGO / Bitcoin
OMG/ BTC has been declining for the most part of this year but has found strong support at it's previous all time low of around 0.000450.

One of the more promising ERC20 tokens, OMG development has been soldiering on in the background with a steady stream of commits on their GitHub repos. Price action has not been encouraging for a while since the bears starting chewing things to pieces but expect big things from this project as we get closer to an overall bullish sentiment.
Comment: The Fib extension shows heavy resistance around the 0.618 level which is 0.0001200 to 0.0001250. This level has acted as both support and resistance before.

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