OMG/USDT - Huobi - Potential Bull Flag and DCA
OMG at resistance meeting top of pink channel.
If it bounces at the 21EMA step line then price could break up and out to meet the pole's measured move.
Green CPR line also meets the pole's measured move target range.
Closing below the 21 EMA steps could bring price back lower into the pink channel.
Price could bounce on the green 50 EMA and/or blue CPR ranges.
Lower still, the red 200 EMA could be good for a bounce and long around $13.88.
Could get a potential wick down to grab the $12.88 range also maybe.
All dependent on BTC as always.
If it bounces at the 21EMA step line then price could break up and out to meet the pole's measured move.
Green CPR line also meets the pole's measured move target range.
Closing below the 21 EMA steps could bring price back lower into the pink channel.
Price could bounce on the green 50 EMA and/or blue CPR ranges.
Lower still, the red 200 EMA could be good for a bounce and long around $13.88.
Could get a potential wick down to grab the $12.88 range also maybe.
All dependent on BTC as always.
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