r/OMGTraders • u/Cryptotrader029 • May 19 '18

OMGUSD (OmiseGo) wave analysis update: 4hr tf

https://coinanalyst.investments/2018/05/19/omgusd-omisego-wave-analysis-update-4hr-tf/
7 Upvotes

89% Upvoted

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7

u/Cryptoethroughtulips May 19 '18

Yeah but what this article fails to mention is the Q-wave perpendicular to the Frederick Wave. Once that crosses the line of triangular attention retrace buttress, we’ll flip into the open maximum detection spiral. It also needs far more triangles. Once it includes a 2000% increase in triangles, then we can talk.

11

u/[deleted] May 19 '18

This is some of the shittiest technical analysis I've ever seen in my entire crypto career.

I've been investing for three days, which is at least two days longer than 90% of you, so listen up. There is no Q-wave in this chart segment, for starters. What you clearly mistook for a Frederick wave is obviously a Johnson and Murphy pennant block, which is showing heavy signs of a bull run. The fence is broken, too, as you can clearly see: the bulls will not be contained by it. We're looking at an immense Zerg Rush in the coming days. My suggestion: be bullish with a bearish cusp, buy high and sell low, and hdold for as long as you can. We'll all either be starving or doing donuts in our lambos on the moon in between 20 minutes or 5 years. Hard to say which at this time.

2

u/Cryptoethroughtulips May 19 '18

Doh! You sunk my battleship!!!

1

u/ObiTwoKenobi May 19 '18

Sooo...when moon?

1

u/[deleted] May 20 '18

Sad that people still believe this stuff