OMGBTC to rise or not?

2017年8月14日

OMGBTC seems to be in a predicament now. There's no buying pressure that will push the price above the downtrend slope. If it breaks above it, then we can retest the all time high. If not, we could go back to support around 150000.

Looking at market depth, selling side is a little thicker than the buy side. I don't see a good signal to enter yet. Probably when it dips to support, that's when I'll reenter again.

2017年8月15日

註釋

Should not go below the demand zone if it wants to move up

2017年8月15日

註釋

Profit taking in the supply zone

2017年8月16日

註釋

perfectly following the flow

2017年8月16日

註釋

OMG needs to slow down if it wants to push higher than the all time high or else we could retrace down hard before another push up