OMG Analysis Update: Timberrrrrrrrrr!!!!!!!!!!!!!!!!!!

haejin (87)in #bitcoin • 7 years ago (edited)

OMG has well initiated it's descent towards an abc correction. This graphs shows update and projected pathway. Also, the MACD's have crossed bearish (red circle).

My prior OMG warning post was: https://steemit.com/bitcoin/@haejin/omg-coin-oh-my-god-it-s-about-to-crash

If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.

#litecoin #cryptocurrency #blockchain #omg

7 years ago in #bitcoin by haejin (87)

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coinlend (55) 7 years ago

Thanks for sharing

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1 vote

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sanjaykhan551 (27) 7 years ago

Good post

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haejin (87) 7 years ago

Thanks for the read! Stay tuned for further updates!

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davidalexander (46) 7 years ago

You buying or selling?

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attalis (52) 7 years ago

interesting. Apart from the MACD cross, why do you think this is the ABC correction. A bit before this at 6 it also has a pullback before going up again. Would be great if you could explain further

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haejin (87) 7 years ago

ABC retraces usually to prior Wave 4 as shown in below chart and prior post. So, where I've placed c is where wave 4 ended which was a beautiful abcde triangle.
https://steemit.com/bitcoin/@haejin/omg-coin-oh-my-god-it-s-about-to-crash