OMG Pair Analysis

OMG is still in Downtrend and waiting to breakout.

OMGUSD
1) First wave from ATH to 0.5fibo. Support 6.4
2) Second wave from 11.51 to 0.618fibo
support 6.98
Predict : Third wave from 9.63 to 0.786fibo Support 7.0

LONG buy in position 7.0-7.2
Stop loss 5.6 (20%)
Target : 10.5 -11.50 ( short term) 60%gain , 16.5-17.5 ( long term) 150%gain.

If it drops before 7.0, next huge support 6.0 which is unlikely to happen.

OMGBTC pair
Support fibo0.382 Price 0.0132
Support line Price 0.00121-0.00124

Stop loss : below 0.00120
Target Back to Mean 0.0025-0.00259

Welcome to follow.

Comentário:

BTC fall and OMG is stable.

OMG 7.6 is support now.