It has behave so well these days, now it faces resistance above the 15$ area, where it needs to breakout descending line of the triangle to reach levels at 18$ again and continue the uptrend to new highs!. This range will get us all the way up to 35$. So for now that would be my target for mid term.
On the other hand, if it can´t cross above the triangle, it should retest the bottom at 8.5$-10$ and from that point I expect a strong Bounce. RSI shows almost overbought levels at 65, it seems a little difficult to have a big bullish rally starting from this point. As for now, we can say we have a consolidated market in OMG, now there's only one way to go, so we can continue the Uptrend for the year.
I'll keep this idea updated.
On the other hand, if it can´t cross above the triangle, it should retest the bottom at 8.5$-10$ and from that point I expect a strong Bounce. RSI shows almost overbought levels at 65, it seems a little difficult to have a big bullish rally starting from this point. As for now, we can say we have a consolidated market in OMG, now there's only one way to go, so we can continue the Uptrend for the year.
I'll keep this idea updated.