ShounakShetty

OMG is ready to make an entrance

Long
ShounakShetty Mis à jour   
BITFINEX:OMGUSD   OmiseGo
As we can see, OMG has been stuck in a falling wedge and seems to me like an ABCDE correction. Rules of ABCDE correction dictate that there's a high probability of a breakout at termination point of Wave D.

Lets not forget that there are not one, but two airdrops incoming for OMG in the near future.
In short: We have Technical and Fundamental evidence to support a long position.

While all other coins have rallied OMG has been coiling up in this wedge. Now the Viper is ready to strike.

If we get a breakout the first target would be the highest point of the wedge for OMGBTC. Whereas OMGUSD should rally far more.


Godspeed
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