OMG is ready for a new big move. I would say it's 60-65% bearish.
If OMG goes down it could make a deep run to 6.33 USD price level.
Dont make any big trades untill the volume goes up and market moves one way or another!
We should really keep an eye on BCH. Volume is very low and the price range is as tight as it was before the last pump happened. Huge move is coming! And I would say i have a pretty bearish feeling about it.
If we see the break on 3980 level, the most possible scenario is a fast price fall to the next strong support level, which is 3530$.
The second scenario is a break out on 4200$ level and possible double top formation on 4425$, which could be a perfect start of short position.
BCH has found a pretty solid support level around 200 USD, but is this the bottom? I honestly don't think so.
Holders of BCH have the only way to deposit and sell their BCH from cold wallets at the moment (ViaBtc). And this way is not very well-known so I believe many people are still waiting for the opportunity to sell their coins. Morover some of marketplaces...
A huge triange is formed. Be ready for the move. To determinate if it is bullish or bearish keep your eyes on volume. The main indicator is VOLUME for now.
