Should you panic with this massive alt and BTC dip upon us? No! Buy the dips. OMG retraced perfectly to the 0.618 fib level and saw a very nice bounce back up. This would be the start of a new 5 wave up. RSI still holding on uptrend support, BTC bouncing back slowly. This is a good time to buy OMG for a medium term hold (couple of months). Fundamentally, this is one of the strongest coins out there and remains one of my preferred. If you followed my XRP idea before you should be up my a nice 50% , I took partial profits and investing them in OMG. Please do not forget to place stop losses in case the market rolls over.
Good luck
Komen
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We are perfectly on target with this trade. Went deeper than expected but did not reach our stop loss. The bounce back is very healthy with strong momentum. Looking great!
Komen
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Do not panic, if you bought at the .618 retracement you should still be in profit. Stop loss still holds. All good so far.
Komen
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If you bought the 0.618 retracements you must be a really happy person. Still on track for this trade.
Komen
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We are on track, just HODL for now until target is reached.
Komen
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If you like my calls and analysis , follow my twitter @crypto_seraph . I am much more active there.