strobe2000
Long

OMG/BTC Elliot Wave done with retracment?

BINANCE:OMGBTC   OmiseGO / Bitcoin
OMG has had a huge 50% move up and then dropped more than 20% in less than 48 hours. How is that for volatility! Have the bears finished their work, will the bulls resume? With the huge run up to 2066 stat yesterday it completed the larger degree wave 3 (blue) and started the retracement downwards. The retracement hit the golden pocket (yellow box), will it hold at these levels or does it have another run to the down side?

Will need to keep an eye on this one to see if this is the low is in. But to me we are still on track for a bull run to complete the larger Elliot Wave 5


Note: This analysis is just for entertainment, do not use it for trading purposes and understand there are high risks trading crypto currencies.
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out