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Weekly forecast OmiseGO technical chart
Symbol OMGUSD

Trading suggestion:

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

DateJune 3, 2023 - 12:42
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 0.710 breaks.
  • If the resistance at 1.184 is broken, the short-term forecast -continuation of downtrend- will be invalid.

Technical analysis:

  • A trough is formed in daily chart at 0.710 on 05/25/2023, so more gains to resistance(s) 0.996 and maximum to Major Resistance (1.184) 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 39.

Supports and Resistances:

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

Symbol Released Current Forecast
OmiseGO (OMGUSD) free Sat, 23 Mar 2024
OmiseGO (OMGUSD) free Sun, 17 Mar 2024
OmiseGO (OMGUSD) free Sun, 10 Mar 2024
OmiseGO (OMGUSD) free Sun, 3 Mar 2024
OmiseGO (OMGUSD) Sat, 24 Feb 2024