Here OmiseGo finally breaks out of the long term downtrend it faced after being introduced to the world and pumping to high heavens.
As BTC corrects down, it is nearing the end of the 'B' wave. This should confirm BTC's bear market and thus will make alt coins and their holders very happy. ETH also appears to be showing bullish signs and thus the cards seem to be in place for an Omise pump.
Analyzing the MACD we can see that there is bullish hidden divergence in place. Smaller timeframes (I.E 1hr) also depict bullish divergence for the move which breaks out of the correction.
Entry point is $6.40
T1- $8.50
T2- $10.00
T3- $12.00
SL: $5.50
As BTC corrects down, it is nearing the end of the 'B' wave. This should confirm BTC's bear market and thus will make alt coins and their holders very happy. ETH also appears to be showing bullish signs and thus the cards seem to be in place for an Omise pump.
Analyzing the MACD we can see that there is bullish hidden divergence in place. Smaller timeframes (I.E 1hr) also depict bullish divergence for the move which breaks out of the correction.
Entry point is $6.40
T1- $8.50
T2- $10.00
T3- $12.00
SL: $5.50
Comment:
Pardon my typos, next time I shall proof read
