All the targets and more have reached in the previous anlysis of OMGBTC.
Now it seems like it is in the overbought area. there maybe some corrections up to the red trend lines.
1434 level is an important support level. And if it can break the 1595 resistance first main target is 1855 level. If it gets below the 1434 level need to be careful.
Trade closed manually
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As we said it coul not break the 1595 level and returned from there. now just wait for another opportunity
Now it is doing the correction I think. lets see ifit will bounce from the trend support, or will break it downward.
I think we are in the critical prices.
andrewgauker
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OMG is slightly below the 1434 level. What do you think is going to happen?
jamiryo
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@andrewgauker, I think need to be careful below this level. but volume is getting lower, so I think it is not a frightening down movement.
but under the second trend support (red line at the bottom) may be the risky zone.
I think we are in the critical prices.