OMGBTC: We are waiting to buy

Updated
Wait for a break out before buying. If it breaks down, then we will look for a decline to the 61.8 fibs level along with a double bottom to buy. If price breaks up, we will buy it up to the 1.414 fibs extension level and monitor if it will continue climbing.

Trade with care.
Note
Downside is confirmed. Look to buy at 61.8 fib retracement.
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