OMGUSD seems to form a double bottom. Still, its price movement is dependent on BTCUSD.
See my analysis on BTCUSD to know the price movement.
Note
Seeing 1.42 as the minimum target
Note
Passed the resistance at 1.3
Note
oops wrong chart above.
Note
TARGET HIT!!! Time to take profits
Note
staying above 1.3
Note
RSI isnt overbought but price action says people are taking profits. A possible mini-retracement could happen before another move up. Still, those candles dont look good to me.
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.