OmiseGO (OMGUSD) has broken out of the triangle pattern in the four-hour chart.
https://s10.postimg.org/roso9fnih/nimet_n.png
(*Chart courtesy of Tradingview.com (log scale)*)

**Elliott Wave Analysis**

In Elliott Wave terms, OmiseGO began a wave one advance on November 2, 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 8 this year, and the red wave two (blue sub-waves a-b-c) correction ended on January 17. If this wave count is correct, OmiseGO should be heading next towards the January 8 peak in the red wave three.
https://s10.postimg.org/stmqerzop/nimet_n.png
(*Chart courtesy of Tradingview.com (log scale)*)

In the line chart, one can see that there is no overlapping between blue waves one and four.
https://s10.postimg.org/kcn841pwp/nimet_n.png
(*Chart courtesy of Tradingview.com (log scale)*)

Looking at the weekly chart, I believe OmiseGO is currently in the red wave three (blue sub-wave iii). The blue sub-wave one began on November 2, 2017.
https://s10.postimg.org/atdjae7hl/nimet_n.png
(*Chart courtesy of Tradingview.com (log scale)*)

**Funnymentals**

OmiseGo will be having a virtual town hall on January 31st at 3:00 AM UTC.
https://s10.postimg.org/4yy4ubbq1/nimet_n.png

Here is the YouTube embedded:

https://youtu.be/lHA9RfNrtQw

(*Sources: https://omisego.network/ and [YouTube](https://youtu.be/lHA9RfNrtQw)*)

https://s8.postimg.org/f8i0ggpit/nimet_n.png

If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "OmiseGO will takeout the January 8 peak".

If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "OmiseGO will drop below the January 17 low".

If you think OmiseGO is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "OmiseGO will stay in a trading range between the January 17 low and the January 8 peak until March 2".

You can upvote the comment until 3 PM EST January 31 and you can upvote only one comment. 50% of SBD from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).

**Bonus**

I will be sending one [Trophy Token](https://steemit.com/@trophy-token) to everyone who manages to get these crypto contests right seven times in a row. If/when you accomplish this, please contact me at Steemit Chat with your BitShares address.