OMG Analysis
OMG Analysis
OMG is in the same boat as the rest of these highly dependant coins that follow BTC movements quite a lot more accurately then others.
Temporarily bounced off a Minor Support Structure on this daily time frame, I expect another push down eventually, once/if BTC starts to test the 6000 level.
Not much I can really point out here, theres no real indication of any reversal and if there was I would pass it by, as ive said before BTC needs to change its sentiment for life to get brought back into the market overall
OMG is in the same boat as the rest of these highly dependant coins that follow BTC movements quite a lot more accurately then others.
Temporarily bounced off a Minor Support Structure on this daily time frame, I expect another push down eventually, once/if BTC starts to test the 6000 level.
Not much I can really point out here, theres no real indication of any reversal and if there was I would pass it by, as ive said before BTC needs to change its sentiment for life to get brought back into the market overall
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