OMG (looking good)

By vlatoshi
Updated
The second leg up confirmed
Comment
Check my NEO chart too. Split between these two for good profits with fewer risks.
Trade active
Just hit the resistance formed by the old high. Based on their twitter (twitter.com/omise_go) they're having more good news to announce. That will definitely help it win this battle. Hold your position.
Comment
It looks bad because this is a 30 min chart. Those two red candles aren't alarming. Same as my Neo chart, in a red marketing under a skyrocketing Bitcoin this is normal. The worst thing you can do right now it's to panic sell. The volume is going up. This will get higher in less than 24 hours. Hold or buy more, either way there are profits for you.
Trade active
Volume is steady. You should wait until the market makes a move. Until then, hodl.
Comment
Testing the resistance right now. Can we have a breakout this time?
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I got to say that OMG still looks good. While I'm Neutral right now, the next climb up will be sudden and steep. If you're in now, wait. If you want to buy, you can wait for two green candles (a short one followed by a bigger one).
Comment
Bitcoin's new ATH doesn't look good for alts.
Trade closed manually
Trading closed for a more detailed analysis.
Bullish PatternsCandlestick AnalysisFundamental AnalysisLEGMultiple Time Frame AnalysisOMGOMGBTC

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