OMG Update: No dandruff but it's grabbing the Head & Shoulders! Find out what this means...bullish or bearish. Read on!

in bitcoin •  7 years ago  (edited)

A good number of the Altcoins that screamed up the other week are now forming topping patterns. Here is OMG that might be progressing just like IOTA into finishing a Head and Shoulders Bearish Top pattern. Keep a close eye on this! Once the RS (Right Shoulder) is formed, I would exit this position.


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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish.

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Awesome, I had my eye on this as well, here's how my chart looks. The circle area is what I had pegged as a possible breakdown confirmation point.

My chart

Hello @haejin,
Thanks for the informative post.
Will keep following for updates.
Have a good one my friend.