Lots of signs that point to OMG remaining strong and due for an explosive ride upwards this weekend.
RSI slowly heading towards oversold status while it continues to test support at the 190k level. We had a cross of the base line in the Ichimoku cloud, but we're going to need heavy sell pressure to bring it both below the cloud + break through the 190k support in addition to the uptrend channel.
Not only that, but volume is still near the ATH. I expect possibly one more dip to the 180k if it does break through the first support, but then a subsequent continuous rise up.
RSI slowly heading towards oversold status while it continues to test support at the 190k level. We had a cross of the base line in the Ichimoku cloud, but we're going to need heavy sell pressure to bring it both below the cloud + break through the 190k support in addition to the uptrend channel.
Not only that, but volume is still near the ATH. I expect possibly one more dip to the 180k if it does break through the first support, but then a subsequent continuous rise up.