There are several key resistances on the where I think we'll see brief consolidation, but I'm very confident that at least a few of the daily candles will resemble those on the initial climbs back in August. If you're curious, the single largest increase in price of OMG/ETH in a single day was on August 10, 2017, where the ratio rose from 0.0115 to 0.02 (~73%).
To put this into perspective, on April 14 we opened at 0.0238 and the daily high reached 0.0375 (~57%). The buying pressure is building and we're starting to see an increase in trading volumes on the daily as well. It's only a matter of time.
I published my swing trade setup for this pair last week and it's turned out to be very profitable. We still have at least another 50% to climb from where we are now, and I believe its going to happen in a hurry. Of course this is crypto and anything could happen, so these wild ideas I have are for entertainment purposes only.
- Peace -