OMG/BTC

24 Ağu 2020OMG/BTC

-OmiseGo just painted a bearish Lower High sign
-And will likely to shift into a short term downtrend market
-If the 4600 sat range will not hold, the next support is at 3958 sat
-This level is a confluence of 0.618 Fib area and 50MA dynamic support
-I recommend opening Buy orders only if Bullish signs are seen
-Take note of the downward resistance acting as a short term barrier
-Once OMG breaks this resistance line, chances of reversal are high
-Be patient and wait for the right opportunity