middleearth1010
Panjang

Potential Breakout of OMG (Crypto-Currency)

BITFINEX:OMGUSD   OmiseGo / Dollar
In a overall bullish environment sentiment of OMG, (due to the implementation and adoption of the tech) we see a potential breakout movement up if the Ascending Triangle breaks. Keeping in mind the market cap is quite high, upside may be not be as great as the 3-7ish dollar price movement a couple of weeks ago, and could retrace after breakout.

Please share your ideas, and suggestions as this is my first chart.

So far the Triangle continues to be validated, and it appears to be consolidating. We should see some movement soon.
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