SUMMARY
OmiseGo (OMG/USD) Pair has at least a stop at $20.82 before hitting the $32 Target as shown below in the chart. The blue circled Elliott Waves outline the projected price pathway and these are only the subwaves to higher degree white wave (i)! The symmetrical triangle, as noted in prior OMG update is impregnated within the JAWS of WEALTH broadening triangle pattern. If the $32 target is hit, 450% profit potential is to be had!
The OMG/BTC pair is sporting a fine looking Bullish Downward Pointing Symmetrical Triangle! What a beaut! I've labeled the Elliott Wave impulse set that runs up on the left of the chart and the requisite red a,b,c corection. Price has broken out of this triangle and I've included the blue Elliott Waves as price projection towards 0.0034 BTC or 240% profit potential.
Please consider reviewing these Tutorials on:
Elliott Wave Counting Tutorial #1
Elliott Wave Counting Tutorial #2
Laddering and Buy/Sell Setups.
Laddering Example with EOS
Tutorial on the use of Fibonacci & Elliott Waves
These Technical Analysis Books: Elliott Wave Priniciple & Technical Analysis of Stock Trends are highly recommended
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Legal Mumbo Jumbo: This is only my opinion, make of it what you wish. What does this mean? It means it's not advice nor recommendation to either buy or sell anything! It's only meant for use as informative or entertainment purposes.**