The token was alo listed on Zebpay, one of India's largest cryptocurrency exchanges, yesterday.
According to the chart analysis the outlook will remain bullish as long as prices hold above $14.40.
The bullish triangle breakout indicates long-term bearish-to-bullish trend change and has opened the doors for a retest of the record high of $28.50.
It's worth noting that the bullish breakout is matched by a 415 percent spike in 24-hour trading volume.
Further, the momentum studies are biased to the bulls too, with both the 5-day moving average and the 10-day MA trending north.
Only a daily close below $14.40 would signal bullish invalidation.
A drop below $12 would signal a bullish-to-bearish trend change.
UPDATE: This article has been updated to remove a link to a fraudulent website that was misrepresenting OmiseGo in an effort scam users.
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OmiseGo Hits Two-Month High Amid Exchange Listings
pubblicato su Apr 26, 2018
by Coindesk | pubblicato su Coinage
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