OmiseGO - Long Opportunity - $29 - 39

BITTREX:OMGUSD   OmiseGO / Dollar (calculated by TradingView)
Hey everyone! I want to share with you a long opportunity I identified in OmiseGO. As you can see in the chart, there´s an important bullish tendency, which is accompanied by a volume increment. This second factor is important ( volume ) since it always has to confirm the price tendency, which is exactly what we can see here, and therefore, we can say this is a strong market. If you want to trade this crypto, I recommend you to wait for MACD change of direction and bounce confirmation.


BUY STOP: 24.5
TakeProfit 1: 29
TakeProfit 2: 39

Remember numbers can vary depending on your risk profile and price expectations. The numbers I propose should be use as a reference :)

Are you interested in Technical Analysis?
I recommend you the John Murphy´s book: Technical Analysis of Financial Markets. It is a great introductory book.

Do you want me to analyze an specific coin?
I'm all ears, please contact me :)

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If you like my work and want to support it, you can donate to the following wallets :)
BTC: 1EWAzRdyZa5DBSTnsnzNfjvxPbE3HkszzH
ETH: 0x9ca387456fed6b0f3e48e6d1388329e7ad0aa653

If you find this analysis helpful, don't forget to follow, like and comment. I use to upload new analysis every day :)
Comment: Big drop in bitcoin price generated negative effects in several alts.
Comment: Omise tendency line has been broken. Waiting for more market info.
Current chart is looking UGLY!!!! The STP pattern appears to have been broken BIGLY
+1 Reply
Thank you. do we sell for loss. or hold
+1 Reply
Hey @boomberg thanks for comment! That´s such a hard question. I would hold a little bit more seeking a price recovery to 21 dlls, however, if price drops again somewhere near the new tendency line, I recommend you to sell
boomberg Juanchobanano
@Juanchobanano, Thanks again.
mrburns75 boomberg
@boomberg, bullshit, this is the team with masterminds on board building plasma - a massive scalable platform and they have tons of partnerships - just look up MUFG Group as one example. Do you live on the moon?
mrburns75 mrburns75
@mrburns75, Vitalik Buterin left Fenbushi to work 100% on plasma - OMG network...
boomberg mrburns75
@mrburns75, didnt know that. thanks for the info.
Any updates on this trade ? Thanks a million
+1 Reply
nice chart.. good job.. would you also analyse viuly coin?
Hi Juan,

Thanks for your analysis, they are very accurate. Is it possible for you to do one for NEM/XEM?

Thank you.
+1 Reply
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