faajonas

Wave count with Ichy of OMG, long

Long
BINANCE:OMGBTC   OmiseGO / Bitcoin
We can see that OMG have maybe completed wave 4, wich is a correction wave. It retraced to 0.786 fib level and has nowfound support at 0.5 and resistance at 0.382 fib. We can also we can see it forming a triangle. I do expect a breakout from this triangle, and if it fails, i still belive fifth wave will start from a lower point, I currently hold a positsion. I would advise everyone who is going to take a position to ladder ur buys, so that you minimize risk. Keep a look out incase it breaks above Ichi cloud.