OMG Will Have You Sayin' "OMG"Clearly OMG has broken out on the BTC pair. Currently back above the 200 DMA and this should be a fun ride over the next 3-4 weeks. Measured move takes it back to late August 20 levels. Priced in USD that would be $26-$32.
I am primarily a swing trader so I'll be holding on for the whole move. Critical levels are marked in dotted yellow lines for those of you more inclined to take profits.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
Omgbtcsignals
Good luck trying to catch OMGBTC's parabolic riseThe title says it all. OMGBTC is extending the parabolic rise it started in May, this time on an even more aggressive manner as just in August alone it has gained +500%!
It has even broken above the multi-year bearish trend-line of Lower Highs and the 1D RSI is on an Ascending Triangle.
Typically it is very difficult catching such aggressive rises, the MA50 won't be touched until the very peak. I believe the best shot we have entering this is once (if) contact is made with the 1D MA20 (yellow trend-line).
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