Longshot520

OMGBTC action!

Panjang
BITFINEX:OMGBTC   OmiseGo / Bitcoin
We get see OMGBTC joining the double digit gains club again. It's broken out of its previous range with high volume and made a new high, and is pulling back a bit to rest. The RSI indicates a clearly overbought scenario but the MACD and the heavy volume mean the price should consolidate high. The two pink lines indicate, based on the 5m chart, where 90% of that most recent large volume candle on the 4hr came from. Someone bet big there, and I want a shot. I'll be looking for buys there in hopes of a retest of 18.
Penafian

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