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ProficientFX
Dec 18, 2017 9:46 AM

OMG/USD BUY ZONES Long

OmiseGo / DollarBitfinex

Description

OMG/USD
BUY ZONE 1: $10.50
BUY ZONE 2: $12.50
TARGET: $16.00
Comments
nfs5
I don't think this is a helpful chart. The train's leaving the station for $20 plus there will be big announcements in the next ten days. Even if there was no announcement, there's no way we're going to see $10.5 or $12.5 unless there's a huge market-wide event/correction. In which case this chart applies to any alt coin. Not helpful
nfs5
To be clear, I have some funds set aside in case it does happen. But I'm not betting on it.
ProficientFX
@nfs5, I Agree. I only enter on previous structure and key areas and never chase price. With OMG I have entries at $7.40 I called for my group so we arent worried about trying to get in. Just IF price happened to pull back we could add more buys at these areas. However price didnt pull back so I will reanalyze next week.
ProficientFX
@nfs5, Now go Look... Both Entries hit
nfs5
@Living-Off-Bitcoin, Indeed! But read my initial comment: "there's no way we're going to see $10.5 or $12.5 unless there's a huge market-wide event/correction. In which case this chart applies to any alt coin." I think Alt coin "TA" that anticipates major marketwide corrections should
nfs5
announce itself as such. Just my 2 cents. Carry on!
AlexTrade2
Thank you for the TA! Are you saying we should wait for 12.5 or 10 $ mark for buy in if we missed this train?
gtk123
@alextrade, Hi there, hope you missed the 10-12$ train tickets :) But I think @ 16$-17$ is also a good, 1st class ticket for the OMG. it will hit 25$ this year and 50 by february TMO.
ProficientFX
@alextrade, I dont think we will see a retest to these zones anymore. I will wait until we have more information an find a support.
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