$OMG heading back to accumulation zone?

2017年8月14日

I have no idea about this coin, just looking at it and noticed similar pattern you can see in all new coins.....
After launch, some while easy going (accumulation), prepump, accumulation,pump and dump back to the accumulation zone.

I'm not predicting its going back down all the way, but I think it has a good chance to do so. You can find these movements all over the place.

Let's see!

2017年8月18日

註釋

Nice breakout and making new highs, but.....
There is bearish divergence on RSI and MACD, therefore we could see a test of the yellow trendline which gives good idea what's next

2017年8月22日

註釋

Another move up and still not breaking the trendline, but it didn't make new highs.
Therefore, I'm still looking for (C) if it breaks the trendline.