Omesi Go quick analysis

BITTREX:OMGUSDT   OMG Network / Tether
Not a very indepth analysis as of yet, since BTC is having massive price changes. A lot depends on the direction BTC is taking.

Keep in mind the price balloons that I placed. The blue support trend line is a major player here, and we haven't tested it in a while. I wouldn't be surprised if this line would still work in the coming three months. Once that support line breaks, it'll be a long time before you'd see OMG back in the 20's again.

As for targets, the first target will be 30 dollars: both psychological, plus fibonacci resistance line. After that I think OMG will take a little break before pushing to the next fibonacci line.
Stop loss can be set slightly below every fibonacci line. Keep in mind though that the real stoploss is the blue support line.

I will republish this chart once there is more information available.

If I made you money, please consider buying me a beer:



Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out