Clearly OMG has broken out on the BTC pair. Currently back above the 200 DMA and this should be a fun ride over the next 3-4 weeks. Measured move takes it back to late August 20 levels. Priced in USD that would be $26-$32.
I am primarily a swing trader so I'll be holding on for the whole move. Critical levels are marked in dotted yellow lines for those of you...
The title says it all. OMGBTC is extending the parabolic rise it started in May, this time on an even more aggressive manner as just in August alone it has gained +500%!
It has even broken above the multi-year bearish trend-line of Lower Highs and the 1D RSI is on an Ascending Triangle.
Typically it is very difficult catching such aggressive rises, the MA50...
