OmiseGo (OMG) Has Two More Waves in the Correction

in #omisego7 years ago

SUMMARY

OmiseGo (OMG) is likely putting in a symmetrical triangle correction and thus far has completed waves a,b and c. It could have similarity to Bitcoin's abcde pattern and so OMG is next expected to put in wave D and E. This can morph into other patterns but thus far price has been moving well within the confines of the contracting lines.

When filling in the subwaves, it shows that price is currently bouncing off the lower white support line and if wave D is targeted, $16.85 would be the approximate destination. Not all traingles require abcde and we've seen how breakouts can occur at the D wave stage. If the E wave is completed, then $10.49 would be the current target.

Legal Disclaimer: I am not a financial advisor nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. Plain English: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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I am not a financial advisor nor is any content in this article presented as financial advice

really very nice your post (haeji)

He is wrong with analysis;) Check my comment for this post!

Would be nice to check who was wrong or right.

It takes only 1 or 2 weaks to see that:)I will make an update on this in my blog after a weak.

I'm not in a hurry. 😀

Haejin - I agree with your forecast. Here is what I am seeing:
031918_OmiseGO(OMG)_7D.jpg

I appreciate your point of view!!

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Coins mentioned in post:

CoinPrice (USD)📈 24h📉 7d
BTCBitcoin8855.150$4.52%-3.21%
EOSEOS6.230$14.2%6.57%
OMGOmiseGO11.894$9.51%-10.52%
QAUQuantum0.148$6.91%-7.26%
WAVESWaves4.966$4.93%-10.34%

nice Point view @haejin!

Is it possible that you do TA of einsteinium( EMC2) because i think correction is done in 5 waves..

Congratulations, your post received one of the top 10 most powerful upvotes in the last 12 hours. You received an upvote from @ranchorelaxo valued at 116.44 SBD, based on the pending payout at the time the data was extracted.

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