jpbrown1023

OMG - Looking ready to lauch!

BINANCE:OMGBTC   None
Looking at OMG's 4-hour chart, it has been in a caught in a downward channel for months. However, I see signs of reversal on the horizon. The price has been testing the upper channel boundary since December and has moved itself into a falling wedge. The MACD has a strong bullish cross over the zero line with bullish divergence. I think it is ready to binge after purging since April. Notice the pattern of the price rising to resistance only to be rejected. Therefore, I will be buying a confirmed breakout. If it fails to break resistance, I'll nab some for 10% cheaper. Cheers!
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