Lets bet how much time takes to break from here as any other coin the market right now....?
Ascending triangle pattern
UCTS Buy signal on the 12H
RSI & MACD rising
Volume slowly rising..
As targets ~14k // 15K // 17K
OMG Is now looking bullish for me.
I am Accumulating here.
if more dip I will add more position,
but my Target of OMGUSD is minimum 150% and max. 500%.
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Zones of interest and targets are on the chart. Good luck everyone!
This is just my opinion and view of the market. Please keep this in mind and consider in your trades.
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Trading ideas are not trading recommendations - this is just my point of view....
$OMG Reached ATL BTC support for a second time at around 11k sats..
Volume decreasing + Bullish divergences in the MACD & RSI could be signalling a bounce from this level similar to what happened some days ago (15% bounce...)
No UCTS Signals yet but may be a good R:R setup
From the Local top we have hit the 236
We have since pulled back to previous structure
Looking for a 1.618 move to the upside - accumulation area during the drop to local low
TP2 would be the 200 SMA on the 4H Chart
STOP is aggressive resulting in an R:R that is not ideal so tighten up the stop under the 20 SMA and...
So while everyone or most people right now are fixated on bitcoin and its momentous (and it is momentous) 4x over the past few months, it seems that everyone has forgotten about the alt coins.
Personally, I've been eyeballing the altcoins right now and I cannot find a more suitable position to begin accumulation of the coins you want right now.
OMG is just an...