OmiseGO Showing Bullish Setup

$BITFINEX:OMGUSD is showing clear bullish setup, since we saw a big spike down 2 days ago to around 78,6% Fibonacci retracement. So, from July to September we clearly see impulsive rally with five waves up into wave 1/A and from September to the end of November we see nice and clear three-wave (a)-(b)-(c) correction into wave 2/B. This is ideal pattern for bullish trend in Elliott Wave theory. So, we expect that "Omise will GO GO" towards new all-time highs into wave 3/C, where we see first target around 16 level, just keep in mind that bulls will be confirmed above 10 level!

註釋

OmiseGO nicely up and we can say it's bullish confirmed, so we expect more upside here towards 16 level.

註釋

OmiseGO close to our projected level, but keep in mind that this is just our first minimum target projection, so we could see even much higher levels!

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ew-forecast

Join the community for one week, full access. Its free >> @ wavetraders.com/elliott-wave-plans/

Learn Elliott Waves Sale-65%
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Newsletter
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