mohith01
Short

A possible WEDGE?

BITFINEX:OMGUSD   OmiseGo / Dollar
Hello everyone,
OMGUSD has been on a run since the last drop . The patter as a whole is bearish . It has dropped almost 50% from its ATH - the correction phase. And make no mistakes the correction phase is still ON. The forming wedge patter is another sign that the drop is inevitable.

The wedge pattern will be proven wrong if the OMG/USD crosses the $15.2 mark. The possible buy signal for the downtrend is $10.3 and for the uptrend is $15.2

Thank you.
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