IamCryptoWolf
Long

OmiseGO - New targets

BITFINEX:OMGUSD   OmiseGo / Dollar
OmiseGO has been correcting and bottomed at 61.8 fib level and finding support at historical uptrend as my previous analysis have been forecasting:

Reversal signals:

- Daily MACD has crossed, crossing the 0 line will be a confirmation
- Price has break 4hr - MA100 and keeping above.
- Price is bouncing from historical uptrend and acting as huge support.

At the moment we are facing resistance of daily MA50 - MA100.

We could retest historical uptrend and 4hr MA100

Breaking above daily MA100 we could see these targets:

1st target: 11.40
2nd target: 18.78 (1.618 fib extension )
Comment: Although Eth is pushing, OMG/USD is keeping nicely above 4hr MA50 And MA100.

Comment: All as per forecast

targets confirmed

Comment: Rally highly possible
Comment: OMG keeping above historical uptrend.

bullish targets confirmed

Comment: Approaching our first target.
Comment: ... and first target hit.
Comment: approaching 2nd target
Comment: 2nd target hit.
wonderful.....finally OMG is moving....when do u think 2 target will be hit ??? thanks in advance
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nice
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