Head and Shoulders looking to form. There is 2 scenarios. I think given the institutional money that is in this run vs 2017, I think Scenario B has a very high chance of playing out.
OMG is looking good to get a nice bounce to $8.70. Been following a pretty steady upward trend. OMG has been overlooked in recent months as other alts have made recoveries or have even gone onto new all time high. OMG is also set to make some progress on their roadmap in Q4 2017, with only 1 month remaining in the year. The OMG has so far delivered on all their...
It broke out of the bull trendline before, however it has now formed an ascending triangle, with some very clear bounces, supports and resistance. Will be interesting to see how it breaks. My money is on the upside, however scenario 3 is also likely, there might be a quick pull back as everybody panic and cash out profit, before going back on the run past ATH.
I know people have mixed feelings on Ripple, but keep an eye out for it. It's flatlined over the last month or so and I think it could see some action soon. There is a big conference Swell coming up hosted by Ripple, with alot of prominent figures. Ex-Chairman of Federal Reserve, Founder of the internet Tim Berners Lee etc. The conference is October 16-18. I've...
Broken the down trend, should see a nice bounce when it hits 3820 - 3840
With lots of news coming up in September, we should we a pretty good bounce from the trend line. It also seems like the market is artificially trying to push the price down to 'hit' the trend line. Overall, pretty bully about this.