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Skyrex
Jan 24, 2018 11:49 AM

OMGBTC Cup&Handle pattern Long

OMG Network / BitcoinBittrex

Description

On a day chart we found a Cup&Handle formation, it is more clearly confirmed on the longer time frame for example on a week chart. Stoch RSI also indicates further ascending trend. The price is above ichi cloud which is also a good sign. Beyond TA, fundamentals for this coin are also great. OMG is an ambitious and clever proposal for Ethereum PoS scalling purposes. The next targets are presented on the chart, safe buy zone is in the purple area.
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