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RE: OMG - correction is over (good entry point)

in #omg7 years ago

Not sure if OMG can really be analysed (technically) independently. I guess it correlates too closely to the overall market which is (still) tied to BTC's mood.
Interestingly there has been a tight correlation between BTC & OMG throughout 2018:

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Yes but like we say in risk management corrections are meant to break one day or another.
But right now after the slump we had everybody is looking at BTC to give some momentum to the overall market.

yes, and i like the relative strength omg has had the past months...and continues to show