TiborVrbovsky

OMG - Omisego In a Cup and Handle Pattern.

TiborVrbovsky Updated   
BITFINEX:OMGBTC   OmiseGo / Bitcoin
Hey, I am back with another Trade Idea.

This time looking at Omisego, Token that I am strongly bullish on and holding some OMG tokens.
Strong team, great project, even Vitalik is strongly believing in Omisego.

Looking at Chart.

You can see a Cup and Handle that has been formed, there is a lot of Cup and Handles lately, that is just showing how all these altcoins follow bitcoin. The bounce zone can be around 163500 sat.

Indicators.

MACD looking to fall a bit to support, but the 4 hours seems bullish.
RSI is under 66 which was Omisego Bullish zone, I am looking for a bounce at 45 RSI back to high bullish levels.

Hope I made your view on whats going on with Omisego somehow clearer.
If you like this TA let me know in the comments, Likes are aprreciated, Thanks !

If this gets a little bit of attention, I will update!
Comment:
Enjoy the ride!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.