OmiseGo update. Expecting to break bearish flag!

I think OmiseGo completed expanding abc flat and any time soon it should break bearish flag for plunge! If it will target -27,1% fibo level that is very common, new low is at around 1$!

Note: This is not a financial advise or trade call, it's only my personal opinion and arrows in the charts shows just an indication of direction, not the specific points or targets!

PLEASE EVALUATE MY TIME BY UP VOTING AND RESTEEMING THIS POST. THANK YOU!

Your crypto_analyst
@andriustovis

Sort:  

that's quite the plunge. great buy opp if that happens. hoping it doesn't.

One of bunch examples (ETH):

  • Plunge in January 2018, then correction above 61,8% fibo level and -27,1% target:
  • Plunge in February 2018, then correction to 61,8% fibo level and -27,1% target:

But I have to admit, that sometimes it just break previous low and reverse without hitting -27,1% fibo level target!

ok.... u take it to extreme level now....

One of bunch examples (ETH):

  • Plunge in January 2018, then correction above 61,8% fibo level and -27,1% target:
  • Plunge in February 2018, then correction to 61,8% fibo level and -27,1% target:

But I have to admit, that sometimes it just break previous low and reverse without hitting -27,1% fibo level target!

Coin Marketplace

STEEM 0.20
TRX 0.13
JST 0.030
BTC 65858.36
ETH 3493.88
USDT 1.00
SBD 2.53