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OMGUSD

OMG bounce with bullish divergence?OMG looks to be approaching a good opportunity for a bounce off of a previous trend line right around the long term 61.8% Fibonacci retracement area. This looks like it might be confirmed by hidden bullish divergence on both RSI and MACD for a continuation of the bullish trend. I recently published as well how there was a double bottom for OMGBTC that looks to still be possible for a breakout with strong potential resistance afterward. If indeed there is a bounce and potential breakout, it could be some fairly positive news for OMG over the next few weeks. However, if the support fails for that trend line, particularly if BTCUSD drastically drops, then OMGUSD could likely follow with a rather precipitous drop as well. However, there are still lots of bearish thoughts going around right now for BTC, so please like if you agree or comment or see anything differently, as I would love to hear any counterthoughts as well.
OLong
by crypto_trends
5
OMGUSDTOMG is moving up. It's been consolidating for a while now, and since everything is pumping this coin is gonna move up too. It's already on the hot coins list on Binance and getting a lot of attention. Support and Take Profit areas are shown on the chart. For a safer move: wait for a 4H candle to close above the resistance area. ⚠️ NOTE: This usually happens when a coin gets hot on crypto platforms: it might go down by a little and then get back up to a new high. Good Luck 🎲 Tell me your ideas. Like and Share 🗣✅
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by ShawnMCR
4