OMG/BTC 4 Hr ConsolidatingOMG/BTC looks to have pulled back to the .681 Fib Retracement level which correlates with that support level.
Volume has been consolidating as well. RSI is looking good
Keep eyes on for it to hold that support level because there might just be another breakout real soon.
Altcoinstowatch
WAN/BTC Rising Wedge 4hrRSI has been showing Bearish Divergence and is more noticeable on the 30 minute chart.
That being said, WAN has been performing great but I feel like it's due for a slight pull back and pause to consolidate and form a good base. The last thing we want it to do is go parabolic which will make the price just fall harder, which is honestly not a bad thing if you 100% believe in the project like I do. It just means we can accumulate more.
However, due to the popularity of the project there is always the possibility that it may defy the technicals and continue higher.
This chart plays out to May 1st which is only a few days away.
Let's see how it goes, remember, patience is key to being successful as a trader and/or investor.
UP OR DOWN What do you think ? Verge XVGAnnouncement was made. After the %40 dump should we expect some run up ?