OG Fan Token! 2020 trendline is breaking out! Head and Shoulders
- OG looks very promising on the daily/weekly chart!
- As you can see, the main trendline (falling wedge) has been destroyed by the bulls, and currently the price is forming an inverse head and shoulders pattern.
- We can also spot a descending triangle from 2020–2022. The price went below the triangle, but immediately pumped back up, which is a pretty solid sign of strength.
- The ABC correction has been completed and I think we can retest the previous all-time high or at least a previous swing high.
- If we take a look at the volume indicator, we can see a massive bullish spike, which is another great sign of strength.
- Look at my ideas about interesting altcoins in the related section down below.
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