Most alts are dropping due to the surge in Bitcoin (more money leaving alts and going into bitcoin).
According to the indicators (RSI & MACD) it shows that OMG is going to drop a little further into the "oversold" zone on the RSI. That's when we should buy at bottom end of the wedge. This will give a fair price and should see some nice gains if Bitcoin were to make a correction in the near future.
Moving Avergae (200 day) - also shows signs of support at around $7
LONG AT USD $6.80 - $7.00
Happy Trading!
According to the indicators (RSI & MACD) it shows that OMG is going to drop a little further into the "oversold" zone on the RSI. That's when we should buy at bottom end of the wedge. This will give a fair price and should see some nice gains if Bitcoin were to make a correction in the near future.
Moving Avergae (200 day) - also shows signs of support at around $7
LONG AT USD $6.80 - $7.00
Happy Trading!