Crypto Contest February 15: OmiseGO
OmiseGO (Bittrex: OMGUSD) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, OMG began a wave one advance in July 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in December 2019. If this wave count is correct, OMG should be heading next towards the January 2018 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
OmiseGO enables people to securely access financial services, invest, exchange and spend digital assets anytime, anywhere. Coin Bureau reviewed the project in January this year.
(Sources: https://omisego.co/)How Will OmiseGO Trade?
OmiseGO (Bittrex: OMGUSD) weekly chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices.
- OMG will takeout the June 2019 peak
- OMG will drop below the December 2019 low
- OMG will stay in a trading range between the December 2019 low and the June 2019 peak until March 21
Answer the question at dpoll.xyz.