OMG Descending Triangle
Expect a breakout IF resistance line is broken:
- Descending triangle formed
- Bollinger bands tightening
Trade closed manually
Unfortunately OMGBTC broke the support line (because of BTC value spiking upwards) so the breakout didn't happen and we dipped.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.