OMGUSD has been one of our favorite long term coin we are investing. We compared it to stock as one of the blue chips. Buy zone at $8.5 a piece, as far as technical is concern ,this is self explanatory check on our chart the reason for possible entries.
If you're a long term trader buy @ $8.5 and hold till retest around $14. If short term trader you can cutloss following our illustration.
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*Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies and crypto currencies can be risky and potentially profitable opportunity for investors. However, before deciding to trade, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
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