OMG bounce

17 ene 2018

Despite overall market bloodbath, the OMG-BTC rising channel remains intact. From a long term, fundamental perspective, OMG should do well, especially with Plasma implementation and wallet launch in Q1. Now possibly move to top of the channel, as it did previously for multiple times, and then consolidate around both 1. the previous resistance and 2. bottom of the channel. Another possible condition would be crawling on the bottom of the channel and work itself within this small triangle, and we go from there.