Bixley

OMGUSD Very Strong Support

BITFINEX:OMGUSD   OmiseGo
0.5 acts as a very strong support for price, previously in quite a small period of time the price has touched this level (0.5) and successfully rebounded
It looks like the third touch is coming

The MACD is in a kind of megaphone state, the next upward tick of the indicator will be a larger one based on this structure
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.