Vermillionz

OMISEGO BULLISH?

Vermillionz Diupdate   
BITTREX:OMGBTC   OMG Network / Bitcoin
OMGISEGO
OMG/BTC

Omisego looking bullish.
- RSI @ 53, neutral but becoming oversold.
- MACD trending well, last crossed on Feb. 6th, and continuing in new trend nicely.
- Bollinger Bands have narrowed indicating a sideways trend may have formed for the time being. BUT they also seem to beginning to widen again, indicating another outbreak imminent, and with a current upwards price movement so far, the outbreak may very well be a bullish one.
- Watch the Fib Retracement levels, if we can move upward past 0.5, expect further bullish movements.

- Is continuing in recently formed upper price channel.
- A beautiful reverse H&S seems to have completed, now awaiting outbreak.
- Yellow lines forming ascending triangle.
-Overall downward trend has reversed, but will trend reversal continue? That really all depends on what Bitcoin does.
Komentar:
ERX, first support level broken. WHY?! I believe the answer is BTC. GOD DAMN PAIRING
Komentar:
0.5 Fib Retracement level becoming a major level of resistance.
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