Libratus

OMG- Semi-bullish zone

Long
KRAKEN:OMGUSD   OMG / USD
I expect near-term consolidation as there are some short-term resistance lvls that need to be cleared. Looking for momentum and volatility to pick up soon.

Steady uptrend and the cluster of technical supports below current price lvl indicate that OMG is one breakout away from turning fully bullish .

If BTC retraces again, it will be a perfect opportunity to accumulate some OMGS. Scale in slowly if you intend to market buy.

Just my two cents. Not investment advice.




Comments

Nice clear chart. Little boring consolidation period so hope something will happen in december.....
+1 Reply
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