Everything posted here is dependent upon $BTC. A little life in 
BTC has given alts room to breathe. Sideways or positive should continue to get people confident to go back into alts. Looking into 
OMG per a request.
We appear to have found a local bottom after the life was sucked from OMG. Its very close to a long term support.OMG is up 10% today and has some room to go. I wouldn't chase candles in this market, there's plenty that don't have any real gains yet and chasing green is usually a bad idea. Once it becomes a trend, that's different. Right now its just a spike. OMG is so close to the long term support I don't see a lot of danger as long as BTC doesn't collapse.
BTC has given alts room to breathe. Sideways or positive should continue to get people confident to go back into alts. Looking into OMG per a request. We appear to have found a local bottom after the life was sucked from OMG. Its very close to a long term support.
OMG is up 10% today and has some room to go. I wouldn't chase candles in this market, there's plenty that don't have any real gains yet and chasing green is usually a bad idea. Once it becomes a trend, that's different. Right now its just a spike. OMG is so close to the long term support I don't see a lot of danger as long as BTC doesn't collapse.
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Disclaimer
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.