OmiseGO has been correcting and bottomed at 61.8 fib level and finding support at historical uptrend as my previous analysis have been forecasting: 
Reversal signals:
- Daily MACD has crossed, crossing the 0 line will be a confirmation
- Price has break 4hr - MA100 and keeping above.
- Price is bouncing from historical uptrend and acting as huge support.
At the moment we are facing resistance of daily MA50 - MA100.
We could retest historical uptrend and 4hr MA100
Breaking above daily MA100 we could see these targets:
1st target: 11.40
2nd target: 18.78 (1.618 fib extension )
Reversal signals:
- Daily MACD has crossed, crossing the 0 line will be a confirmation
- Price has break 4hr - MA100 and keeping above.
- Price is bouncing from historical uptrend and acting as huge support.
At the moment we are facing resistance of daily MA50 - MA100.
We could retest historical uptrend and 4hr MA100
Breaking above daily MA100 we could see these targets:
1st target: 11.40
2nd target: 18.78 (1.618 fib extension )
Note
Although Eth is pushing, OMG/USD is keeping nicely above 4hr MA50 And MA100. Note
All as per forecast targets confirmed
Note
Rally highly possibleNote
OMG keeping above historical uptrend.bullish targets confirmed
Note
Approaching our first target.Note
... and first target hit.Note
approaching 2nd targetNote
2nd target hit.
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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.