HerrVonBraun

Omise Go lining up for big profits ($OMG).

Long
BITFINEX:OMGUSD   OmiseGo
Daily
Flipped resistance into support, succesful retest of 200 EMA. First strong supply zone at x2 from here.

Hourly
Bullish RSI divergence into demand zone, closed above.

Conclusion
Had to cool down after a strong run from the lows, came back to previous resistance and flipped it while touching the 200 EMA.
Entry signal after bull div on hourly chart.

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.