crow1980

Will OMG form a cup? Target date shows Nov 2019

Long
crow1980 Updated   
BITTREX:OMGBTC   OMG Network / Bitcoin
OMG has been in a huge downtrend along with the rest of the market. We can see that it has found a level of support (for now), however, we aren't all that far from the all-time low.

Obviously, there are many paths OMG can take, along with fundamentals being a bit poor at the moment (I don't think the Dev's are delivering on the project in respect to the potential it has/had.

This running is essentially based on the market as a whole turning around and the assumption that we are at a low. There is plenty of room for a further drop so stay safe and use protection!
Comment:
RSI and MACD were both bottomed out and in an uptrend which is what makes me think a bottom here could be in.

2nd half of 2019 could be alt season while BTC stays range bound in the 2.5k - 4k range

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