OMG/USD is currently in a high demand area (white rectangle) the price range in that rectangle is between $6 and $7.5
Everytime it has been in this rectangle, it has shot up with at least 100%+ Profit. This is a highly demanded zone. Nevertheless, I still recommend scaling wisely as its not a Bull Market yet. But buying good chunk of it would be great accumulation.
Along with that, we also have RSI at its lowest since the release of the ICO almost 1 year ago.
Current RSI level = 26.68
Lowest RSI level before today = 28.93 in 1 April 2018, which after it reached that level, it went up over 140%
Another note: I added BTC prices in the chart, to show that OMG is demanded regardless of BTC's value.
Good luck guys!
Everytime it has been in this rectangle, it has shot up with at least 100%+ Profit. This is a highly demanded zone. Nevertheless, I still recommend scaling wisely as its not a Bull Market yet. But buying good chunk of it would be great accumulation.
Along with that, we also have RSI at its lowest since the release of the ICO almost 1 year ago.
Current RSI level = 26.68
Lowest RSI level before today = 28.93 in 1 April 2018, which after it reached that level, it went up over 140%
Another note: I added BTC prices in the chart, to show that OMG is demanded regardless of BTC's value.
Good luck guys!
18% profit within 36 hours