OMG a tech company that does decentralised peer to peer payments in the cryptocurrency sector. After studying the technical side, they are indeed having a strong trend line and good Support. Will need to keep a close eye on it until it establishes a average, but at the moment i just see this share going up!MACD also Showing strong indications of an upward trend...
Noticing a couple trends on the chart, we notice that our previous high fell quite a bit almost down to 1.00, our 50% fib ratio was surpassed on the uptrend, but the 61.8% line held strong and bounced all the way back down.
Now OMG is looking to retest that value, after breaking out of it's triangle. It has bounced off it's moving average and seems to be on...
Bitcoin isn't the only cup and handle out there.
This recent ICO OmiseGO promises to decentralize an exchange. They seem to be further along in the company creation cycle due to the fact they already play a role in the Asian Fintech space with several large clients with their payment processing house. Vitalik wants this one to work as you see his computer has...
Pun intended. Haha.
OMGUSD seems to form a double bottom. Still, its price movement is dependent on BTCUSD.
See my analysis on BTCUSD to know the price movement.
