apolloriver

Omisego in for a treat

Long
BITFINEX:OMGBTC   OmiseGo / Bitcoin
Omisego appears to break another downwards resistance trajectory.

The second time it broke out it went up by 200%, the first time by 120%! I put a potential resistance line for the next target should the pattern repeat itself.

There's a possibility for some retracement and a bit more sidewards trading. The latest for the breakout would be probably around mid December. However as it looks currently I would think it will most likely happen quite soon.

Also, it looks like OMG is going in waves on the RSI and shows us in what direction it most likely goes from here.

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