BITFINEX:OMGUSD   OmiseGo / Dollar
WELL THE MARKET TOOK A BEATING RECENTLY TAKING OMISEGO FROM ALL TIME HIGHS OF 28.4$ TO 12$.
THE GOOD NEWS IS THAT IT RETRACED ALL THE WAY DOWN TO LEVELS AT 78% FIB AT 12$, TO THE T.

WE COULD PULL BACK $16 THEN $14 IF BIT COIN STARTS GOING DOWNHILL AGAIN, WORST CASE SCENARIO WOULD BE TO RETEST 78%($12) BEFORE REVERSING TO ALL TIME HIGHS AND THEN TO $34.

WE HAVE GOT SOME MAJOR BANDS OF RESISTANCE AT $20 AND $22, IF WE BREAK PAST THEM WE SHOULD BE FINE AND MOST DEFINITELY BREAK UPWARDS TO $34.

LOOKING TO BUY UPON BREAK OUT AT $20 AND IVE GOT SOME BUY ORDERS AT $16,14 AND $12 TOO.

SEE YOU GUYS IN THE NEXT POST!
ILL BE COVERING LITECOIN.


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