brendanlonson

OmiseGoing down to $8

brendanlonson Updated   
BITFINEX:OMGUSD   OmiseGo
History tends to repeat itself. Support at $8 x7. Resistance at $20.7 x4. Support at 31 RSI. Resistance at 72 RSI. Crossing above 50 RSI or bouncing up off 50 RSI = Bullish. Crossing below 50 RSI = Bearish. 31 RSI = I buy now. Patience is a virtue. I will wait to buy OMG at $8.
Comment:
I also see it as a descending channel:
Comment:
Perfect .618 retracement
Comment:
OMG just hit $8 :)
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.