OMGUSD@Bitfinex possible InvH&S

17 Nis 2018

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.

17 Nis 2018

Not

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.

17 Nis 2018

İşlem aktif

inv H&S was not complete. We have a bear flag instead.
Let us wait until it breaks to the up/down side.