After breaking out of the previous ascending wedge , OMG/ BTC pair is forming a larger wedge . Currently at a support level , let's see if we can break out and continue the uptrend.
Comment:
We broke out of the falling wedge, retested the support and bounced higher. RSI and Stoch looking bullish on daily, weekly and monthly time frames.
Expecting the price to rise to the long term trend line (yellow dotted line), hopefully breaking above it in anticipation of the airdrop.
Be careful in case of a dump just before or after the airdrop.
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Expecting the price to rise to the long term trend line (yellow dotted line), hopefully breaking above it in anticipation of the airdrop.
Be careful in case of a dump just before or after the airdrop.