Hello Traders!
OMG continues to descend. The price is under the resistance level of $3.60, which is also MA100 on the weekly timeframe, suggesting a further continuation.
The price's exit under the support level of $1.80 will trigger a new wave of falling, opening prospects for medium-term purchases.
The zone of $0.67-0.97 will be the range for asset accumulation.
The targets are levels of $2.50 and $3.60
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice
OMG continues to descend. The price is under the resistance level of $3.60, which is also MA100 on the weekly timeframe, suggesting a further continuation.
The price's exit under the support level of $1.80 will trigger a new wave of falling, opening prospects for medium-term purchases.
The zone of $0.67-0.97 will be the range for asset accumulation.
The targets are levels of $2.50 and $3.60
Good luck and watch out for the market
P.S. This is an educational analysis that shall not be considered financial advice