We are looking at an early signal right now but Omni Network just broke out of small consolidation pattern. If the pattern breaks downward we can assume the continuation of the bearish move. Since we are seeing a break of the pattern to the upside, we can assume there will be an up-move. This assumption remains valid as long as prices continue moving higher.
The last low becomes the reversal point or stop-loss. As long as OMNIBTC trades above 0.0001109, we consider it bullish with active potential for growth. It is moving up now, and it is likely to continue up. The targets can be seen on the chart.
Namaste.
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