As we can see,OMG is also in a huge accumulation zone same as Icon,same as Tron was.
RSI on weekly is above 50,bull territory.
I would try to get into Omisego around 1.85~1.90$
Stop Loss 1.70$.
Let's hope the moment bitcoin corrects,it doesn't drag all alts down with it hard.Except hope,we have Stop losses.BINANCE:OMGUSD
Conclusion for today's OmiseGO price prediction: A close above ~2.51 favors a bullish bias.
The 6 hour timeframe of OmiseGo (OMGUSD) is presented with primary focus on the current bullish price channel (tentative). Bullish trendline in OmiseGo since February 06, 2019 has seen successfully provided support with price and also aided in construction of the...
OmiseGo / USD Short-term price analysis
OmiseGo has a bullish short-term bias, with the cryptocurrency recovering back above its 200-period moving average on the four-hour time frame.
The four-hour time frame is showing that a complex head and shoulders pattern is building, with the bearish pattern warning of a much stronger downside move to come.
Omisego is another fundamentally sound alt that has recently had a golden cross on the daily chart..it is now above the neckline of its adam and eve double bottom pattern too and looks ready to have a bullish breakout.