OMG/USD reached the first target of a AB=CD pattern at 12,55, second target at 8.30 is a bonus but it´s also a critical level.
If OMG breaks support of the bullish trendline than a potencial head&shoulders pattern will come into play with targets I´m scared to mention.
In my opinion caution is advised on this cryptocurreny!
If OMG breaks support of the bullish trendline than a potencial head&shoulders pattern will come into play with targets I´m scared to mention.
In my opinion caution is advised on this cryptocurreny!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.