This analysis is Based on Elliot Wave theory.
OmiseGO made five waves up into wave A between July 2017 and September 2017, which is a signal for bulls. Since last month is moving sideways, which is a signal for a correction. We can clearly see that OmiseGO is forming a big triangle pattern into wave B, which tells us that OmiseGO could continue higher.
In a lower degree we see that OmiseGO is pointing into wave D to arround 10.0 and 61,8% Fibonacci retracement , so from there be aware of another decline to arround 7.0 - 8.0, where see a support for wave E and where triangle should be completed.
