OM has been in a symmetrical wedge for a while now, after dying down from its hype quite a while ago. It may be time for an upswing again after some heavy consolidation. Wait for the breakout of the wedge and find support around the $0.5 level. From there, we can expect healthy gains back up to near ATHs.
Note: This is a risky trade since this is a small cap coin and the project is in its early stages. Please do your own research. This is not financial advice.
Note: This is a risky trade since this is a small cap coin and the project is in its early stages. Please do your own research. This is not financial advice.
Comment:
OM has broken out of the descending wedge. Wait for it to find support to confirm breakout.