A downward breakout is being confirmed out of this triangle. Let's see if the 8500$ resistance is holding or not. If not, the bears are taking over the bulls.
Quick analyse about OmiseGo (OMG), we are currently forming a cup and handle, which is a very bullish pattern. Indicators like RSI are also bullish. Regarding the project behind OMG, they are seeking to unbank the banked. It's a decentralized bank using a Proof of Stake algorithms (PoS) and they have Vitaik Buterin (founder of ETH) as an advisor. Currently...
We have a beautiful ascending triangle here, ADA already had a big bull run few days ago, it could be really interesting to watch the exit of the triangle closely. Don't buy before having a real buy signal (blue line)
As you can see we have a nice compression figure call pennant pattern. It can either breakout in a bullish or bearish way, just look closely to the evolution in the next few days and get ready to react.
Not a clear buy signal for the moment, but still an idea that we should keep in mind closely. Big profit possible in case of a breaking of the resistance, stop loss necessary.
I don't only believe in this trading idea but also strongly into the core project of lisk I think we should keep an eye on this one ;)