OmisGO (OMG) has been on a mini-tear of sorts climbing steadily since February's low. After Spiking a bit in the last 48 hours, it's come back down rapidly to it's general growth trend line.
Although still above the Kumo on the 4 hour chart, it's fallen through EMA 50 and EMA 20 as well as the Kijun Sen and is approaching the trend line support. With the recent MACD cross-over and generally bear signal, this one bears keeping a sharp eye on to see if this is just a small correction or if a new down trend is forming.
Nice analysis! Hopefully OMG can bounce off this upper trend line we've been having. Did a BTC update today and hopefully if BTC rallys from 11k we will see a rise from the alts!
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