Dropped below support but possible bull trap coming
Well, not "Bull Trap" in a traditional sense because OMGBTC follows such an unusual pattern.
Short term gains to resistance level at roughly 260k satoshis seems increasingly likely.
Once it retraces and wanders through that 5th fib level for a bit (7-14 days,) we may likely see a continuation of the downward trend until it corrects to third fib level at 140k to 170k Satoshis.
This was the xciting "September News", brought to you by TonyRobinson aka BitalikVuterin in October.
Short term gains to resistance level at roughly 260k satoshis seems increasingly likely.
Once it retraces and wanders through that 5th fib level for a bit (7-14 days,) we may likely see a continuation of the downward trend until it corrects to third fib level at 140k to 170k Satoshis.
This was the xciting "September News", brought to you by TonyRobinson aka BitalikVuterin in October.
Trade closed: target reached