I'm thinking longer term (end of 2018) we'll be seeing high 10's if not a break out higher than that. I'm taking some profits from this recent run up and going to place a buy order around $8.50.
Did you get your fill? I you could trade this chart above you would have but I know bittrex OMGUSDT only came back as far as $8.80. I had a buy at $8.63. haha Oh well I am gonna take some credit for helping it across the line out of the downwards channel. next stop around $11.70 before retest of ATH.
mromisego
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@Cherity, you think its on its way up before coming back down? i did not get my fill :)
cheretic
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@mromisego, I think best hope is around $9.60 now. Unless we see a big BTC correction, then who knows. But OMGUSDT chart is all breaking resistance lines and confirming new upwards wave 3.
mromisego
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@Cherity, Set buys between 9.65 and 10.05. hope to pick up sometime this evening or while i sleep.
mromisego
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@Cherity, I have a buy at 9.30, might bump it to 9.50 and just wait it out.
cheretic
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Just a heads up mate. Careful trading off the Bittrex: OMGUSD chart here on TV. It isn't actually a tradeable pair, I'm not sure where the data comes from, but the highs and lows differ quite a lot from what is actually traded on Bittrex. The Bitfinex OMGUSD chart is actually closer to what you might expect if you are trading USDT on Bittrex. Or the actual Bittrex OMGUSDT chart, but that only goes back a couple of months.
mromisego
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@Cherity, I'm using tether as the trade out on bittrex ;)
cheretic
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@mromisego, Yep me too. That's why you cant get your fib targets, etc from the USD chart. Use the USDT chart instead.
mromisego
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@Cherity, ohh i see what you're saying now. good point
cheretic
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@mromisego, i just sold some OMG's (only 20%). Could be good news for price. Market usually moves against me when I interact with it.
If you look at the Order book on Bittrex tho you will see a lot of sellers camped out at $9.60. Bulls will need to buy up near 350,000 units to move above that price point. Then there is a long term resistance line at around $9.70 to deal with.