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calcie
Feb 19, 2018 3:43 PM

OmiseGo gearing up Long

OMG Network / BitcoinBittrex

Description

OmiseGO is entering a buy zone. Watch the ascending triangle and volume for potential entry.

It also has a little bit of a "cup" pattern.

The 0.618 retracement is around 20K satoshi, so this is an important level to watch if you buy on the 17K break. A soft rejection here should be expected, but a sharp rejection would signal the major bearish trend is still in effect.

Happy trading!

Comment

Getting some price action on OMG, but no buy signal yet. Signal could very well come today, however.

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