JonRulz

Oh My God! is OMG is breaking out!?

BITTREX:OMGUSD   OMG Network
OMG is one of my personal long term holders. A great coin that people should be keeping an eye on at the very least. I am happy to see a possible breakout back to 29 dollars. I am looking for OMG to break above it's $21 resistance, there's not much resistance keeping it from going back to it's 29$ high. However, it looks like the histogram on the MACD might be forming a bearish divergence. That shows some sign of concern, but the MAC D has stayed crossed and is pointing upwards. The stock RSI is almost above 80. These are bullish signs. Overall, if you are invested in OMG for the short term, it looks good. OMG/BTC is also looking really good. Bitcoin is still undecided as of now, Anyone who is looking to trade in USD should use caution and strict stop losses. OMG/BTC may start going up, but if Bitcoin starts dipping the USD value of OMG will decrease.

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