OmiseGo
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If you look OmiseGo chart you can see it is trying to make an inverse head and shoulder pattern (blue) and if it can break up neckline there is a resistance at 26$ (76% retrace) and after that inverse H&S target at 31$.
As you can see it makes a H&S pattern (purple)and if it comes down and breaks neckline and support together at 15-16 $ , it will come down to 10$ support. Also, there are 50EMA and 100EMA below it, so I think it probably breaks up neckline and goes for first resistance.
Share your ideas about OmiseGo with me . Thanks
As you can see it makes a H&S pattern (purple)and if it comes down and breaks neckline and support together at 15-16 $ , it will come down to 10$ support. Also, there are 50EMA and 100EMA below it, so I think it probably breaks up neckline and goes for first resistance.
Share your ideas about OmiseGo with me . Thanks
Note
Hi friends. OmiseGo makes an inverse H&S pattern and it is trying to break up nackeline. On the other side, it makes a falling wedge so if it comes down and breaks it, it will fall to its support at 10-12$Note
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