OMG - Moment of Truth - Descending Traingle on 1day chart ending

Descending Triangle is basically a bullish pattern. So when it break outs to the up side it invariably performs better than when it breakout to the down side.

Occasionally the prices fails to fall below the support level that is at the horizontal base of the triangle and thus rallies up.

www.stock-trading-in...ending-triangle.html

Comentário:

Descending Triangle is classical bearish pattern, but for some see it as super bullish pattern. Considering, who bought OMG below 8 gonna be the long game holder and see the perfect value for this token. So the becoming more shortage an shortage of supplies could make this super bullish. .. This is my opinion.. I am a big holder of OMG at the moment.. Good sentiment to the market is what I am trying to create.. If this doesn't go well, this OMG is still good in long term to hold.

Comentário:

I started a new graph also looking at OMGBTC pair