OMGUSD looks in accumulation zone at $3-$3.30. Targeting Short Term $.5.5-$7, Mid Term - $8-$10, Long Term - $20
This is not a Financial Advise. Just my thoughts!
Note
BTC Dominance is pushing up, so I expect ALT coins to take a hit on the ALTBTC pairs and ALTUSD will see short term drops/choppy action. That means there will be lower prices to accumulate. OMG is no exception, it will take a hit as well.
Typically, when you want to invest you take a 25% position and ladder your buys down to the next support levels, so you can Dollar cost average in your entry.
Note: Crypto is a risky market, so don't invest that you're not willing to lose.
Note
OMG - we are entering the mid-term target area. I think we accelerate from here!
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.