parkwil

OMG prepping for downturn

Short
BITFINEX:OMGUSD   OmiseGo
OMG, like most blue chip alts is following BTC, obviously. Personally I am bearish on BTC at the moment and believe that for OMG given the bearish MACD crossover and the overhead resistance line that keeps not being broken we are still in the same downtrend channel. OMG buying time is coming but we're not quite there yet...

this is all of course just for educational purposes and not advice one way or the other
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