JADS92

OMG geometric wave consolidation pattern forming

Long
JADS92 Updated   
BITFINEX:OMGUSD   OmiseGo

As you can see from this technical chart analysis, we are converging into a triangular consolidation pattern. This is common across the board with many other coins. Once we reach a holding pattern look for a strong bull run across the board and to the moon in the above chart for specific figures. In the short term looking at retracement to the $9.80 range with staggered buy orders set on the way down. Expect a strong influx in volume leading up to the release of the wallet SDK and Plasma Cash in Q2. Good luck and do your own research.

Trade active:
Looks like this has played out exactly as I expected so far. I have now happy with this price for a long term hold or for a sell at $16 mid June. Good luck and do your own research.
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