OMG bouncing from trendline

29 Kas 2017

OMG seems to be bouncing from the lower trendine. If there is enough power behind this bounce, we might break through the blue trendline immediatly, but I think a retest of the trendline is more reasonable. That would be an optimal entry point I think, before OMG breaks througha nd goes for a next leg.

4 Ara 2017

Not

Setup still valid. OMG is constantly testing the lower trendline (is drawn horizontal now) and the upper trendline.

4 Ara 2017

İşlem aktif

Also noticing this major bullish divergence on the RSI. If the RSI breaks the blue upper trendline, that would confirm a breakout I think.

4 Ara 2017

Not

6 Ara 2017

İşlem kapandı: durdurma seviyesi

OMG tried repeatedly to break the blue trendline, but failed each time and in the end I got stopped out during btc bull run.