It looks like an inverse head and shoulders pattern is forming for OMG/BTC. We need to close above the neck line which could bring OMG to the target shown.
Comment:
OMG struggled to break neckline but is making a quick recovery. Projection still stands although it may take a bit longer to reach the measured objective.
Comment:
falling wedge update
Trade closed manually:
OMG totally broke down. Still bullish on this project overall but we need to see how this plays out over the next few days before re entering.