RLinda ! OMGUSDT -> Bulls open up potential for growth

7 Feb 2023

OMGUSDT double bottom forces a change in market structure. The price passes the key zone of 1.250-1.350 and thus the bulls start to feel more confident.

Following the strengthening of the market, OmiseGo breaks through the resistance and moves into the long zone, which is above the descending wedge resistance. The bulls are trying to hold the zone after the pullback.
The key level from which to expect a rise is resistance at 1.692. If the bulls manage to break through this line and consolidation above it, there is an upside potential to 2.03

I expect the final fixation of the price above the support area and the level of 1.692, and then growth to the short-term target of 2.03, and then to the middle-term target of 2.40.

Sincerely R.Linda!