Woer

OMG/BTC how low it will fall?

BITTREX:OMGBTC   OmiseGO / Bitcoin
OmiseGO is a strong coins, but every coin has it's ups and downs. I believe (of course I can be wrong) that OMG correction hasnt ended yet.

Yellow lines are the levels that should have the best response from the market.

Head And Shoulders pattern (which is often, if not always, irregular correction) indicates that we can fall as low as 60.618 sat. And HnS was confirmed by volume .

The red ABC flat correction could end on 124.644 sat, if that lvl             is broken then 88.290 sat. After that 60.618 sat.
Let's move things one step further. I'm leaning more to the 60.000 satoshi side, than 124k or 88k. Here's why:

1) The 60.000 satoshi level is at major trendline
2) The market response is strong at this level (yellow lines are Fibonacci Clusters)
3) Head and Shoulders pattern indicates a drop to this area.

So there You go. It's more probable scenario than 124k or 88k level. And we have really small chance to drop below major trendline (I would say no more than 10%).
As usual, market will tell us in the future if that prediction is accurate or not.

Antworten
DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
Startseite Aktien-Screener Devisen Signal-Finder Kryptowährung Signal-Finder Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden