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RE: OMG USD Technical Analysis

in #trading7 years ago

I love OMG and feel like it should be taking off any moment now. However, just looking at the BTC/OMG chart I am not seeing much bullish action for the past days. After our recent high, and the subsequent dip after, we are only now managing to set a higher low again - but only barely.

I think OMG is a good buy at these levels still for a long term hodl. Could be a perfect time, if it continues to go up from here. But I need more proof on the daily chart to really know for sure on the shorter timeframe. I think we're still a few days away.

But who knows, with the big rumor of news on the 30th, we may see a spike creating a vastly better chart.

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True i agree might be a few days before we turn extremely bullish but daily chart vs BTC looks good when considering EMA's .We got a bounce from 55 EMA which was a positive sign.
OMGBTCEMA.PNG