OOMG Network / Bitcoin

OMGBTC: capitulation

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The strength in BTC forced a deeper correction in OmiseGo.

This is my current primary view.

The wave C can go quite deep and it is best to wait for some signs that the market is finding support, before buying.

Some divergence is forming in the MACD, which is a good sign, but expect price to go down further. At least to where A = C.

We will see how price reacts in the white box.

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