)
SUMMARY
OmiseGo (OMG) is one of those kernels of corn that pops later, and that's ok! It would be silly if al pop corn kernels popped all at the same time. No different with the Popcorn Sympohony of Altcoins!
Below chart shows a downward pointing bullish symmetrical triangle and the price has been hugging the lower triangle support line. The blue line is showing what could be the makings of a cup & handle pattern. Elliott Waves is also marking the price pathway towards $37.43. So, is it worth waiting for this kernel to pop? I think so!
Here is the OMG/BTC, which is clearly lagging the OMG/USD pair. One more little lower dip in price could be needed, but not required. That would then finish off the last remaining wave 5 subwave of c. I've added the blue impulse waves that aim for 0.0034 BTC.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Elliott Wave Counting Tutorial #3
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
@haejin's Trading Nuggets
Essay: Is Technical Analysis a Quantum Event?
Follow me on Twitter for Real Time Alerts!!
--
If this blog post has entertained or helped you to profit, please follow, upvote, resteem and/or consider buying me a beer:
BTS Wallet - haejin1970
BTC Wallet - 1HMFpq4tC7a2acpjD45hCT4WqPNHXcqpof
ETH Wallet - 0x1Ab87962dD59BBfFe33819772C950F0B38554030
LTC Wallet - LecCNCzkt4vjVq2i3bgYiebmr9GbYo6FQf
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.**
OMG HODL
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
looks like a great ladder casting! upvoted!!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
OmiseGoGOGO OMG 🤣🚀💃🕺 TY @haejin
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Any idea what's going on with SBD? Reading the Steem white paper recently tells me that this price isn't normal since it's supposed to pegged to the USD and says it usually trades in the $0.95 to $1.05 range.
I've been predicting a spread out of market cap into the altcoins over the next year because bitcoin can't seem to scale up without forking. Hodling several alts just in case.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Steem being used by pro alt traders who move back & forth many times since the recent tether FUD. That's reason for Steem breakout. Unknown to me how this could be arb'd off to run up in SBD? The SBD reacting more like some big position possibly exchange is upside down n short squeeze. Interesting to see steem action again.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Can you link to proof of this? This sounds right but would want to do more research.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Our info shared from Blocktrades tech who also doing customer support. BTW new info per the SBD confusion over quotes being falsely delivered thru main shared APIs due to a Poloniex breakdown on SBD trades. (froze up until they get fixed & correct trades when broke?) Bittrex quotes accurate price levels ~$10-12 SBD
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
awesome! thanks!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
May i ask what alts you are holding and expect to see a big bump in 2016? I’m looking to expand my portfolio
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Just look back at Haejin's previous posts. He reviews several coins so if you see one you like you can do your due diligence before you make your decision.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
if you're looking for a high risk high reward coin, i'd like you to check out ICON (ICX). really solid fundamentals, and really undervalued
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I think Bitshares and Steem and eventually EOS will emerge on top when everyone realizes that bitcoin and ethereum aren't up to scaling. If a surprise happens and LN or Schnorr comes online next year, then maybe not.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
LN is a joke taken too seriously. DPoS is a lighting network and Dash and PIVX has built in LN called InstantSend which is more than twice as fast as the DPoS coins. LN is also too centralized and too much trouble to use.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
What is LN and SCHnorr?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lightning Network and Schnorr signatures.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Lol. My bad
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
I love the way you include the /BTC trades. I’m with BITTREX here in the UK so don’t trade the Dollar pairs. I’m slowly getting the counting and I’m practicing every day. It IS paying off. Thank you.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
It's a nice topic, I've learned a bit more. Thank you.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
If 0.0034 BTC is $37.43, that means BTC price by then is only $11000. Is this correct?
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The charts should be considered to be independent of one another and assume different timeframes.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That's right. The 0.0034 btc target is mars 18, while the 37.43 target looks to be pretty much exactly as we enter 2018.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Ya
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Spamming comments is frowned upon by the community.
Comment spam is currently defined by @steemcleaners as:
10 or more generic comments per day that are not in response to a question posed by the post or comment. “Thanks”, “Great Post!”, “Great Photo!”, “Good”, “Like”, “Nice”, “Wow”, “Cute”, “Follow me”, etc.
Commenting on old posts to hide self up-votes or a voting trail.
Copy/Paste comments that serve no purpose or the purpose is self promotion.
Comments that inform the contributor that they have been up upvoted, resteemed, or flagged when the curator does not actually upvote, resteem, or flag the post.
Unsolicited and off topic referral links.
Continued comment spamming may result in action from the cheetah bot.
More Info: Abuse Guide - 2017.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i liked in your all post
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
thanks haejin. this is one of my long term holds
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
The Road to 37+ is begin now xD !!! ....
It is almost 12$
Buy more or regret later ...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
how are we looking with this one captain @haejin ?
think the kernels are finally popping
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Thanks for sharing, bought a little bit sometime back but did not see it growing much ... looking forward
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
OmiseGo to 37$ would be awesome. I just hope it´ll be through own strength / ouperforming Bitcoin rather than just growing along ;)
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
i cant count the subwaves on your new impulse wave one.. can you assist? it seems still corrective to me @haejin
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
From your analysis, 2018 is really going to pop. i mean can all the coins pop, and if they do we all could be very rich is 2018.
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
@haejin as expected you were spot on!
Since it's breakout please could you do an update on OMG's wave count.
Thanks again...
I am spreading the word of your wonderful gift to us all and constantly sending people to your blog!
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit