Long
OMG accumulation update
Wedges evolve, they are never stagnant.
In this case, OMG is still in accumulation. but sell volume is dropping.
We can see OMG go sideways a bit longer...but to see some upwards price action, we must break through the 9ema, the wedge, and a monthly level.
In this case, OMG is still in accumulation. but sell volume is dropping.
We can see OMG go sideways a bit longer...but to see some upwards price action, we must break through the 9ema, the wedge, and a monthly level.
Note
I forgot to add this, but my targets are the daily resistances.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.