OMGUSD: At top end wider sideways channel
This coin swing sideways between roughly 7.00 and 20.80 this year and has tested the top end recently and is backing off a bit.
However, the shape of recent bearish candles and lower volume suggests this move south implies no more then some technical profit taking. When looking at Fibonacci's, ideally dips toward 14.15/12.60 should be picked up. 15.70 is first support however.
For now it seems likely that bulls will provide another attack to that 20.60/20.80 area after this mild move south. A move on better volume with a close over 20.80 suggests the channel will flip putting a target at around 33.00/34.00.
However, the shape of recent bearish candles and lower volume suggests this move south implies no more then some technical profit taking. When looking at Fibonacci's, ideally dips toward 14.15/12.60 should be picked up. 15.70 is first support however.
For now it seems likely that bulls will provide another attack to that 20.60/20.80 area after this mild move south. A move on better volume with a close over 20.80 suggests the channel will flip putting a target at around 33.00/34.00.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.