Following MagicPoopCannon i'm trying now to find different H&S or inverted H&S patterns in crypto. This time let's look at OmiseGo to USD pair @bitfinex. Zoomed in to 30min chart i think there is a possibility, that another shoulder could form. Not a trade advice. 4 education only.
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Looks like OMG gone flat between EMA50 and MA20. If OMG finds strong support on EMA50, we could see our invH&S pattern finished. Otherwise breakdown could happen.
Trade ist aktiv
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inv H&S was not complete. We have a bear flag instead. Let us wait until it breaks to the up/down side.