OMG after a long HEALTHY correction through a WW pattern, OMG is turning bullish again
For these reasons:
- daily MACD is crossing after cooling down. - Market found strong support at daily MA100. (in most cryptos daily MA100 is a huge support that can reverse market) - Great news have been released
Breaking downtrend will give momentum and rally is highly possible
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Price bounces from previous downtrend and from 4hr - MA100. from resistance to support --> bullish
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As we can see also OMG/USD pair bounced from huge support daily MA100 and broke downtrend with a strong green candle.
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