meszaros
Short

OMGBTC continues to fall...

BITFINEX:OMGBTC   OmiseGo / Bitcoin
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OMGBTC continues to fall. The exchange rate drop has reached the second day ATR distance. I expect a further reduction from this level, which can reach 0,00042338 levels. If bitcoin's exchange rate decreases against the dollar, the decline in OMGBTC slows down. Upon reaching the abovementioned correction level, I expect a repeated increase. The slope of the rise may be the same with the slope of the second ATR axis. Then, reaching the 0.00122703 level, the rise may accelerate. This level is the bottom of the second part of the D1 ATR distance. For the purpose of climbing 0.00180144.
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