OmiseGO OMG preparing to exit downtrend for Bullish breakout

31 окт. 2017 г.

It seems OMISEGO coin is now at the end of it's bearish pattern and is preparing for launch in a bullish trend after breakout of structure. Ketchup EMA has crossed the Water EMA as well as the price action touching the 70.5 Fibo Sweet Spot. TDI shows the RSI close to oversold position and I'm expecting a small move up, then down to create a sharkfin on the TDI outerband, before the breakout of structure and the cros of the Ketchup with the Water EMAs, where I will buy more of this coin.


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This chart analysis is only provided as my own opinion, based on my own analysis and comes with absolutely no warranty that this analysis is correct, whatsoever. Do not trade this chart if you do not have your own strategy. Trade only with your own strategy at your own risk. Plan your trade and trade your plan... and IF in doubt, stay out.

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