OMG:USD Cooling off
Updated
The 17 USD target got hit.
The white LSMA line is overbought and turning down. The grey ghostarea represents a low momentum, so it shouldn't drop a lot. With the red sellsignal given OMG shoult at least consolidate a short time within the rectangle (between 16 USD and 13 USD) . A drop to the .236 fib is possible.
After the consolidation XRP should continue the uptrend.
Targets: ~15 USD --> 25 - 28 USD
The white LSMA line is overbought and turning down. The grey ghostarea represents a low momentum, so it shouldn't drop a lot. With the red sellsignal given OMG shoult at least consolidate a short time within the rectangle (between 16 USD and 13 USD) . A drop to the .236 fib is possible.
After the consolidation XRP should continue the uptrend.
Targets: ~15 USD --> 25 - 28 USD
Note
s3.amazonaws.com/tradingview/snapshots/1/1RVieyU9.pngWell that went faster than expected.
Target ~ 15 USD hit.
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