OmiseGo (OMG) Has Two More Waves in the Correction
SUMMARY
OmiseGo (OMG) is likely putting in a symmetrical triangle correction and thus far has completed waves a,b and c. It could have similarity to Bitcoin's abcde pattern and so OMG is next expected to put in wave D and E. This can morph into other patterns but thus far price has been moving well within the confines of the contracting lines.
When filling in the subwaves, it shows that price is currently bouncing off the lower white support line and if wave D is targeted, $16.85 would be the approximate destination. Not all traingles require abcde and we've seen how breakouts can occur at the D wave stage. If the E wave is completed, then $10.49 would be the current target.
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I am not a financial advisor nor is any content in this article presented as financial advice
#Haejin don't provide a BTC Mid-Night update. So I did one for him!!!
Bitcoin (BTC) Mid-Night Update: Salt & Pepper Pattern Project $69,000 or higher
https://steemit.com/bitcoin/@thabiggdogg/bitcoin-btc-mid-night-update-salt-and-pepper-pattern-project-usd69-000-or-higher
really very nice your post (haeji)
He is wrong with analysis;) Check my comment for this post!
Would be nice to check who was wrong or right.
It takes only 1 or 2 weaks to see that:)I will make an update on this in my blog after a weak.
I'm not in a hurry. 😀
Haejin - I agree with your forecast. Here is what I am seeing:
I appreciate your point of view!!
a nice post @haejin
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Coins mentioned in post:
nice Point view @haejin!
Is it possible that you do TA of einsteinium( EMC2) because i think correction is done in 5 waves..
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