OMG/BTC is seeing a long-awaited break out above this old trendline, suggesting a strong bullish move up is imminent. As volume continues to increase, naturally, we are bullish on this pair. Oscillators and moving averages are also reading bullish; we believe that a daily close above 920 sats would be significantly bullish, leading to the potential upside. Feel free to use our resistance levels as taking profit points.
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.