CryptoRush_

OMGUSD Bullish formation apparent will it play out?

Long
COINBASE:OMGUSD   OMG/USD
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Comments

I have been watching the inverse head and shoulders to play out for a while now and it keeps failing. The double bottom idea really needs to drop down to about $3.05 to be a double bottom. I keep hoping for the HS to play out but its starting to look like we are in a wedge, or just going into a sideways movement like it's done before previous jumps. Its been really hard to chart, at least for me :) Good work though.
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CryptoRush_ BeefStew
@BeefStew, I think what's also affecting a lot of the altcoins is the BTC.D chart. If the head and shoulders on the BTC.D 12HR chart plays out, we should have a better time trading altcoins and it is at an important resistance level there now.
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