clydeuscope

OMGBTC Decision point!

clydeuscope Updated   
BITFINEX:OMGBTC   OmiseGo / Bitcoin
Looking at the market depth, there's a huge resistance wall in the current prices. When it goes up to the supply zone (rectangle) and stays there for quite sometime, then watch out for a pump in volume. When that occurs, buy OMG.

I'll be updating the TP targets when the supply zone is broken.
Comment:
It's moving up. Has to break that thick supple zone to get to the all time high

Comment:
Bird's eye view. If OMG could eventually break supply zone and retest all time high. See the next uptrend target in the chart below

Comment:
All is good for OMG. The last candlestick is a proof that buying pressure is high. Volume is also increasing. Look for a big move up

Comment:
News alert! OMG is the first plasma.io project, with Vitalik Buterin as one of the project contributors. See link here:

steemit.com/cryptocu.../plasmo-io-announced
Comment:
First test is the all time high. Could consolidate for a short period under this area before another move up.

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