Long
OMG - Could Have A Pump Soon
Over the past few weeks OMG has created some bullish structure. The chart one the left shows the daily and the chart one the right shows the weekly.
The daily chart we can see price has been supported along our black trendline (green circles). We also have our 200MA (blue) where price has also been finding support.
The weekly chart we can see something similar. Price has been supported by the 21W. We just created a weekly doji reversal candle (after a downtrend) which could signal an uptrend. If we are to bounce from here our targets would be $1.70 (50 MA) and around $3.30 (200MA).
The monthly 21 MA is also very key and around $4.
The daily chart we can see price has been supported along our black trendline (green circles). We also have our 200MA (blue) where price has also been finding support.
The weekly chart we can see something similar. Price has been supported by the 21W. We just created a weekly doji reversal candle (after a downtrend) which could signal an uptrend. If we are to bounce from here our targets would be $1.70 (50 MA) and around $3.30 (200MA).
The monthly 21 MA is also very key and around $4.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.