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 6 $ then 14 $ if Bitcoin 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 ...
Good luck !
