. There is a possibility of temporary retracement to suggested support line (0.000304). if so, traders can set orders based on Price Action and expect to reach short-term targets.
. OMGBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which...
Volume is a beast on this recent pump. It justifies another leg up. Bulls want to make a statement.
We've got a falling wedge on this flag. I am extremely bullish.
RSI also resting on support. Ready to move.
Also, weekly resistance indicates a top around 12000-13000 sats.
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...
OMGBTC correction after long. The exchange rate will soon reach the correction level. This level is at the level of 0.00100364 level. I expect an increase from this level. I look forward to the second and third wave of the rise. For the third wave to rise, it is a neighborhood of 0.00127010.
In this rookie analysis I expect a short term selloff to the levels which would reach the support zone of the short term trend. Because there is a clear break out from a falling wedge, I personally think this is a trend shift and this is the start of the upward moving trend. Therefore my personal targets to sell are not yet decided, I am beginning to accumulate...
OMGBTC continues to fall. The exchange rate drop has reached the second day ATR distance. I expect a further reduction from this level, which can reach 0,00042338 levels. If bitcoin's exchange rate decreases against the dollar, the decline in OMGBTC slows down. Upon reaching the abovementioned correction level, I expect a repeated increase. The slope of the rise...