OMGBTC Inverse Cup & Handle FormationOMG is still following the newly established upward trend. However a slight market correction has been reached and has now formed an Inverted Cup & Handle Formation. After this short correction I believe we will continue to see a bullish run with OMG. Watch for breakout once the main line of Resistance is broken. As stated before always use a trailing stop-loss to lock in profits!
Be smart and good luck!
Inverted Cup and Handle
BTC inverted cup and handle formation ? Published to discuss.DO NOT TRADE THIS CHART . It seems like the handle has formed but still trending upwards. I was wanting to get a word of advice from more experienced traders that have seen this formation or trades BTC. Is the formation still valid lets say it broke support and we are likely to see a 16 % decline ? Do share your ideas please , it will greatly enhance my knowledge.