Nice analysis. Haven't paid too much attention to OMG of late. A break of the daily demand would be savage.
RE: Crypto Analysis Report 6-11-18 OmiseGo...Play The Range & Buy At $8
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Crypto Analysis Report 6-11-18 OmiseGo...Play The Range & Buy At $8
Thanks @cryto-toast, lets see how things materialize over the next couple of weeks.
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What is your take on BTC? Will 6500 hold? If not, how about the Feb lows?
I see more analysts calling for much lower prices, sub $5k, even down to the $3k’s, but I am interested in your take.
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I think the $6000 is a do or die level . It was the original origin that push price to $19k back in late 2017. Price also reacted to that level twice before...Feb and Apr. I also see the analysts talk about sub $6k levels, but price needs to get through $6k first.
I do expect price to bounce from this area because we have a level ($6850) on level ($6000) demand zone situation. 1st target being the origin of the drop yesterday ($7500).
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Awesome thanks for the reply and good analysis.
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