Just an update to my previous idea. Hope you enjoy.
All explanations are in the chart.
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Previous analysis on OMGUSD
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wow massive selloff across all alts. likely due to the chinese ico news and people pulling money out of alts?
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Strong bounce off of very strong support retracing all the recent gains down to sub 8 dollars. We can assume we are back in the bull scenario one we are above the key support 9+ dollars again
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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.