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dchua1969

Time to fall a little

Short
OmiseGo (BITFINEX:OMGUSD)  
dchua1969  
BITFINEX:OMGUSD   OmiseGo
Trend Analysis Chart Patterns
1
3
trendanalysis chartpattern
Notice the strong support at 0.382 FIB level. There were 3 attempts to breakdown but each time, it rebounded. We are now at the 4th attempt of breaking down the support. Also, it has breakdown from the black channel line with 3 strong bearish candles.

Bearish on this pair for now
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