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PVIDW
25 gen 2018 16:05

Ready for push toward 0.5 fib and beyond Long

OmiseGo / BitcoinBitfinex

Descrizione

I think OMG is ready for a nice push up after the recent correction based on this daily chart.

-Forming a nice ascending triangle between 0.5 fib and trendline. Trendline has been a strong support in the past.
-Stoch RSI bottomed out. As can be seen in the chart, a bottomed out Stoch RSI has always caused a nice bump in the past.
-And last but not least, a Golden cross has formed about 5 days ago.
-Volume could be better but it's not terrible.

Happy trading!

Commento

Trade still active if the daily closes on or above the support line.
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