Everything posted here is dependent upon $BTC. A little life in $BTC has given alts room to breathe. Sideways or positive should continue to get people confident to go back into alts. Looking into $OMG per a request.
We appear to have found a local bottom after the life was sucked from OMG. Its very close to a long term support. $OMG is up 10% today and has some room to go. I wouldn't chase candles in this market, there's plenty that don't have any real gains yet and chasing green is usually a bad idea. Once it becomes a trend, that's different. Right now its just a spike. $OMG is so close to the long term support I don't see a lot of danger as long as $BTC doesn't collapse.
We appear to have found a local bottom after the life was sucked from OMG. Its very close to a long term support. $OMG is up 10% today and has some room to go. I wouldn't chase candles in this market, there's plenty that don't have any real gains yet and chasing green is usually a bad idea. Once it becomes a trend, that's different. Right now its just a spike. $OMG is so close to the long term support I don't see a lot of danger as long as $BTC doesn't collapse.