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RE: Crypto Analysis Report 6-11-18 OmiseGo...Play The Range & Buy At $8

in #bitcoin7 years ago

I think the $6000 is a do or die level . It was the original origin that push price to $19k back in late 2017. Price also reacted to that level twice before...Feb and Apr. I also see the analysts talk about sub $6k levels, but price needs to get through $6k first.

I do expect price to bounce from this area because we have a level ($6850) on level ($6000) demand zone situation. 1st target being the origin of the drop yesterday ($7500).

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Awesome thanks for the reply and good analysis.