OMGUSD is following the projected 1D Rectangle pattern (RSI = 46.113, ADX = 10.117, Williams = -53.227, CCI = -22.3854, Highs/Lows = 0.0000) trading sideways within 2.9725 - 3.8810. The pattern however has approached its completion point as it meets with the Lower High limit of the 1W Channel Down (MACD = -2.151, Highs/Lows = -1.0226, B/BP = -3.146). A downside break-out is expected once this support breaks so we remain short on OmiseGo with TP = 1.4942.
It seems that it has left the desdente channel and started to lateralize