This is my view of BTC for the next year or so. Of course I'll trade between mid-term waves, but for now it's to risky to enter. We had twice before situation like this. It's heavily overbought on 1M and we have formed bearish reversal candle. Same as previous two times. Trade on your own risk. This is just my opinion. I may be wrong.
Waiting for confirmation. Above 0.001 first target is at 0.00125. It is in upward movement. RSI has good direction to. However, if price goes bellow 0.00079 I expect it to move even lower than previous low, to 0.0005.
$OMG is in the squeeze. Level around 8.0 shows up as a strong support. We have 25, 50 and 200 MA all around the same level. RSI looks bullish. Now we wait for the confirmation, if the price breaks the line of the symmetrical triangle upwards it's a clear bullish sign and in that case our first target is 9.55. Later, I could expect $OMG to move to 12.5. Otherwise,...
I expect stronger move to happen soon.First target 0.0004.