OMG Update: Revised and updated EW Count

in bitcoin •  7 years ago 

OMG is expected to retrace deep and hard with this current correction. C is almost always the longest wave in the abc retrace and it won't be any different with OMG.


If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTC Wallet - 19gHMJc9wi9KkP47wokz8y4cFNgz1kAAUE
ETH Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36
LTC Wallet - LU1mEw1LHvffoWf9VDEVdP7Day4jv6VLqu
EOS Wallet - 0xf83641dbf1a53498eae6d0d568c969790da48a36

Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.

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7 years ago by

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      ·  7 years ago 

    Ouch! But I have a new goal to buy as many OMG as possible at the lows.

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        ·  7 years ago 

      Thank you for your posts, can you tell how much will it retrace? rgds

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        [-]
          ·  7 years ago 

        If my count is correct, as low as $6.

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        2 votes
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          ·  7 years ago 

        Thank you for your posts and hard work, can you tell how much EOS will it retrace? Best Regards

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          [-]
            ·  7 years ago 

          Here is the EOS update, please only use to augment your due diligence.
          https://steemit.com/bitcoin/@haejin/eos-update-c-wave-is-completing

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            [-]
              ·  7 years ago 

            Excellent. I got out of OMG. Can load up when retraces. Have a feeling if Bitcoin falls to $2000, OMG will overshoot to below $6 - perhaps to support at $3.30

            Let see

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              [-]
                ·  7 years ago 

              OMG having a hell of a run right now. I heard some "rumors" that they might be announcing a partnership with 7-11 in Asia. If true that would be hug. But very much a rumor possibly driving this charge. Buy the rumor holds true here I guess

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                [-]
                  ·  7 years ago 

                Elliott Wave states that a reason or news or an event shall arrive to justify the forecast. That means TA begets the fundamentals and not reverse. Many disagree with this and until one embraces and practices this, they never truly become a TA.

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                  [-]
                    ·  7 years ago 

                  Always a great reminder!

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