OMGUSDT has managed to stay above MA200 and is now in a bullish consolidation phase... The next move can push its price straight up as we saw with XTZUSDT (check related ideas below).
In the chart above, I've marked multiple targets based on Fibonacci proportions as well as support levels based on the Exponential Moving Average indicator.
Most altcoins are displaying bullish charts and we are seeing strong follow up.
NOTE: If prices drop, we remain bullish above EMA500 or $4.338. Below this level the bears get the upper hand.
Any trading above this level and this chart remains bullish.
This is not financial advice.
Namaste.