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Weekly forecast OmiseGO technical chart

Trading suggestion:

  • By appearing primary signs of entering the market, new entry zone and short-term targets would be published.

DateMay 28, 2023 - 09:31
Currentrange bound
Forecastcontinuation of downtrend

Midterm forecast:

  • While the price is below the resistance 1.184, continuation of downtrend is expected.
  • We make sure when the support at 0.730 breaks.
  • If the resistance at 1.184 is broken, the short-term forecast -continuation of downtrend- will be invalid.

Technical analysis:

  • A peak is formed in daily chart at 1.135 on 05/02/2023, so more losses minimum to Major Support (0.730) is expected.
  • Price is below WEMA21, if price rises more, this line can act as dynamic resistance against more gains.
  • Relative strength index (RSI) is 33.

Supports and Resistances:

  1. 28.367
Click on the level to view price action history.

Symbol Released Current Forecast
OmiseGO (OMGUSD) Sat, 15 Jun 2024
OmiseGO (OMGUSD) Tue, 11 Jun 2024
OmiseGO (OMGUSD) Sat, 1 Jun 2024
OmiseGO (OMGUSD) free Sun, 26 May 2024
OmiseGO (OMGUSD) Mon, 20 May 2024