🔥 OMG Preparing For A Huge Move: Long-Term View
OmiseGO / TetherUS BINANCE:OMGUSDT
Ever since reaching a climax-top in August of 2020, OMG has been trading in a well-defined megaphone pattern.
This week, OMG saw a huge green candle after bouncing off the support of the chart pattern. Generally, big candles like these are a sign of acceptance of the support/resistance and can mark trend reversals, which is exactly what I’m aiming for.
Long-term target would be the top of the pattern. Be aware it might take months before the price reaches this area.
Happy trading!
