OmiseGo Overdue for a Breakout
Head && Shoulders coupled with trendline breakout signals major buy for the sleeping bear that has been OmiseGo
OmiseGO is one of my favorite projects. It always has been, since around since (atleast) 2016, and I distinctly remember participating in the @KYC / @ICO.
I always tell people not to invest in assets in their portfolio without reading the whitepapers, learning more about the devs, and understanding the roadmap of the projects they are investing in. In addition to providing solace in your investment; the added comfort is bolstered with the added knowledge to go with it.
OmiseGo is centered on “unbanking the banked” primarily in SouthEast Asia — where 60% of people remain unbanked.
This is a huge untapped market, and for me, this coin has ALWAYS had massive potential (if they can develop it accordingly) as their roadmap has hit a few roadbumps…to say the least.
(Things were much happier then…the good ‘ol days)
Anyway; I’ve went ahead and drawn the fundamentals for you — along with provided multiple timeframes for signals on entry/exit. Although if I were you, I’d take a long position on this one.
Forex analysis signals trendline breakout and the yellow lines are fibo (LONG) EMA 50 exit points.
Have a great day!
Peace & Love
- Ahmed T.
Note: Any financial advise given is strictly conjecture based on my own technical analysis and not any information based on any sources from the federal government. Please invest responsibly and make all decisions based on your head; not your gut. Any projections or figures provided in this analysis are Forward-looking statements Just the wiz doing what he always did best —
These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.