Heading to between $50 and $100 imo.
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I think I will consider buying this in about 2 weeks. I'm keeping away for now because of the short term chaos.
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Bought at $10.09Note
Same Fibonacci as the one I posted October 10:th. Didn't touch it since. The reason I removed all the short term Fibonacci is because I don't care about them anymore, they're redundant. We Either move toward $1.3 or $45. I believe we'll move toward $45, because we got this really really strong long term bullish fractal attraction point, besides from two well defined short term bullish onces. Also one bearish short term attraction point that have plagued us for long now. There's always refreshing with some negativity also to make the situation more intriguing.Note
If I would have more money somehow I would put more here. I really like this setup.Note
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OMG is going down. I'm still optimistic. The future looks really really great.Sure It could go down to $3 but the upside is so enormous. I'm long term invested in this just like I am in EOS when EOS looked a bit sad.
This downward movement in OMG looks like a fake bear to me (I could be wrong). I wouldn't be surprised if it evolves to a head and shoulder formation in some days and we skyrocket to the moon.
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Some overanalyzing: One reason that would make it logical to be a head and shoulder there is that: if OMG price would regain some of its price the next few days. Then tha bottom of this spike would almost exacly mark the center (of the time axis) of the giant Fibonacci. This enables a "mirror" effect, but instead oon the other side it explodes. It reminds me of maths where a function is reacting to the middle creating some asymtotical behaviour.
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I am moving my selling price 85% higher. That's alot! :)I have no stop either. And I don't plan to use one. I will inform when I do. If it crashes I'll happily follow it down wherever it feels like going. Note that I absolutely don't recommend this!
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Look at the current order book of OmiseGO (that's not why I moved it higher it was becaue of OccultMagnetism):i.snag.gy/20Dpod.jpg
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If it breaks $9.6 it's a major buy signal to me.Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.