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OmiseGO - New targets

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OmiseGO has been correcting and bottomed at 61.8 fib level and finding support at historical uptrend as my previous analysis have been forecasting:
OMG: Wolfe Wave Geo


Reversal signals:

- Daily MACD has crossed, crossing the 0 line will be a confirmation
- Price has break 4hr - MA100 and keeping above.
- Price is bouncing from historical uptrend and acting as huge support.

At the moment we are facing resistance of daily MA50 - MA100.

We could retest historical uptrend and 4hr MA100

Breaking above daily MA100 we could see these targets:

1st target: 11.40
2nd target: 18.78 (1.618 fib extension )
注释
Although Eth is pushing, OMG/USD is keeping nicely above 4hr MA50 And MA100.

快照
注释
All as per forecast

targets confirmed

快照
注释
Rally highly possible
注释
OMG keeping above historical uptrend.

bullish targets confirmed

快照
注释
Approaching our first target.
注释
... and first target hit.
注释
approaching 2nd target
注释
2nd target hit.
BTCChart PatternsETHTechnical IndicatorsOMGOMGUSDomisegoTrend Analysis

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