$OMG Trading Idea & 2018 Price Projection for #OmiseGOFollowing-on from its successful launch and fantastic run-up in the Crypto markets in the second half of 2017, $OMG has been able to quickly establish itself as a kind of "non-controversial" token, which most Crypto Currency enthusiasts accept as one that has a very good chance of delivering on that coveted promise of "Real World Adoption".
OmiseGO has many things going for it that most other projects don't, most notably are its association with the already established payments solutions company Omise in South East Asia, and the stellar list of individuals that are listed as advisors.
As someone who follows the space very closely, it seems as though VItalik Buterin has been supporting and promoting $OMG almost as much as he has been promoting Ethereum. This perception is potentially due to the PR efforts of the OmiseGO team, but either way, I view their useful use of marketing as a huge plus for the projects chance to be successful as well as a good investment.
Broadly speaking, it's my belief that in the coming years we will see the Digital Currency space fragment into different sectors/niches, utilities and regions. If this were to be the outcome and Crypto Currencies are indeed going to become "The Norm", it's very likely that a token like $OMG will come-out as a leader in the Asia-Pacific region. A region where #CryptoMania has exploded over the last 12 months.
In the meantime, my price projection is based on the theory that $OMG will have the type of year that $LTC & $DASH had in 2017. In the context of the volatile and unpredictable Crypto markets, $OMG is perhaps one of the safest bets to have a solid bullish run throughout #AltSeason2018.
For more information about OmiseGO:
omisego.network
For more information about Omise:
www.omise.co
Digitalcurrency
DGB/BTC DigiByte Massive Profit Potential 400%-700%DGB is on a new cycle, currently finalizing wave 2.
Entry: 470-550
Target 1: 1491
Target 2: 2533
ATH: 3621
This is a LONG TERM trade. I don't expect it to hit the ATH target. But it's a possibility.
Fundamentals:
Rank #43
$717M market cap
Lots of daily volume
Good, and fast coin. Working project
Digitbyte Continued CorrelationsThis is the continued correlations of digibyte with a custom accumulation script. It have (as stated earlier), just completed the first bullish wave and looks like for a long, has a potential outburst in value that can happen within the next few month to mid 2018. This is definitely one of those I consider medium risk, but still profitable, especially given a long term holding like what you seen before. I believe also the technology behind their UTXO blockchain is very promising in speed and potential.
Digibyte Long StrategyMany weeks ago, I invested some small money into Digibyte in what I think was going to be a second market dip. It looks like it just completed the first bullish wave and looks like for a long, has a potential outburst in value that can happen within the next few month to mid 2018. This is definitely one of those I consider medium risk, but still profitable, especially given a long term holding like what you seen before. I believe also the technology behind their UTXO blockchain is very promising in speed and potential.
GREAT 35% RETURN ON OUR MONEY WITHIN 1.5 DAYS ON DGBUSD As per my post a day and a half ago, we went into the trade at $0.0394 and the first minor profit target of $0.044 was hit within a few hours. After some consolidation, our major profit target of $0.0535 was hit!!!
An approx. 35% return on our money!
Great job to those who took the trade!
Lindosskier
Monero buy entry - High FlagAfter an momment of accumulating near 260 ~ 290, the cross made on flag might get monero value on a high way.
This might've no notice envolved just graphic analysis in this flag pattern we can see that this is a good momment to put monero on the wallet
LTC Entry Point - Goal 200Considering the price that btc beeing envolved, summed with the goog purpose that LTC came to run against BTC we can see his price only getting into high tendences, now we are in the next high tendence following the elliot wavers 5 moviment, after we beat 200 that a sales point for the next correction after that we might see more analysis to see what will happen to LTC
ETH Ascending Eliiot WavesBefore the first high pivot, we might see an elliot wave beeing built at ETH 15min graphic, considering that we can wath a prive to buy now at the 3 wave that is the best momment to se a high going on
Z-CASH Down FlagFollowing zcash price last days, it build an down flag in an accumulate period, if he crosses down the flag channel we might've a good down for zcash buyers
Dash rolling up the right stuff, must have in portfolio!Forget about Potcoin, Dash is for you pot heads out there!
But also for your regular joe, Dash is penetrating the market from most angles.
Fundamental
While I am writing this up something came along and I need to go, so will have to fill in my thoughts on Dash's fundamentals later. I'll post a comment later on.
Technical
Same as above.
Numbers
Buy - 470 USD
First Sell - 640 USD
Second Sell - 880 USD
Stop Loss - Below 400 Support
BCH - Ascending Tonight? Dont Sleep before 1900 ~ 1800 Agreed width those rules, i've made a bought on 1655, trying to reach 14% over my money, here we go BCH!
DASH - FLAG AnalysisFollowin flag rules, after an high trend base acumulate a little bit, now we can see it might goin back to a high trend, is this correct?
LTC High Triangle AnalysisAt 3month graphic we can see a hight triangle been formed, folowing the ideia of a price resistanceis on 74, and slow downs, is that correct?
Wait, I don't get free coins anymore? Dump those BTCs.I made this chart yesterday, but things got messed up and the fundamentals have changed as 2X got cancelled. Here is the old one where I was able to short the top, which doesnt happen often:
Top reached, run for those alternatives! Had real good timing :)
Don't get trapped, be smart. In the latest days I have seen so many switching their views on Bitcoins direction. "A new entity has taken over" I read from some trader for example.
Bitcoin is a market that behaves after supply and demand like the rest. I will be shocked if we see more demand than supply over the next 10 days.
Fundamental
No more free coins, that's the reason we are dumping.
However, I have much more bullish view on BTC now as opposed to pre-fork. Core won the battle, and BTC will remain king.
The market was about to take a huge dive regardless of what happened to the fork. Either panic or no free coins.
But, I am looking at my buy area as more unlikely now and may decide to buy when I close short. Will keep updating this idea.
Technical
We have completed 5 waves, and its time to get a correction.
I am looking at the 0.618 as a perfect place to close out short (5250 USD).
If we look at the trendline it gives us a nice place to open longs. Right between 0.5 & 0.382.
Numbers
Short: 7800 USD
Close Short: 5250 USD
Buy: 4600 USD
Bitshares Bullish TrendI have two confirmations the first confirmation is my non-repainting buy sell indicator. The second confirmation is a very large bullish engulfing bar at a swing low that indicates a start of a bullish trend.
Top reached, run for those alternatives!Don't get trapped, be smart. In the latest days I have seen so many switching their views on Bitcoins direction. "A new entity has taken over" I read from some trader for example.
Bitcoin is a market that behaves after supply and demand like the rest. I will be shocked if we see more demand than supply over the next 10 days.
Fundamental
With big news such as the CME announcment and the upcoming "free coins" on fork date, I see many have this mindset that this time its different.
It never is. This does seem like a perfect place to buy, breaking 7600 high and you get two coins in 8 days!
That's why I am selling, it is the definitly the smart thing to do.
We are in a bubble and when there is a contagious hard fork coming up, you aint gonna get "free" money on the fork. Those coins combined will be worth less then now. And god forbid 2X puts up a real fight, it can get ugly fast.
However, shorting BTC is not the best play you can do before fork. Going long on alternative coins, with margin, against BTC, is the best you can do. In the upcoming days I will be putting out some ideas and explain why.
Technical
We are in the 5th wave, and while it's always possible to go higher, I believe it will end soon.
In case it's not, I am having stops above 8200 USD.
First target I am looking for is the 0.618 FIB, which is around 5200 USD. That should be reached easy.
Second target is between the 0.5 & 0.382. With an eye out for the trendline which will be around 4200 USD. But it could go as low as 3500 USD, depending on how the fork goes and how much panic we will encounter.
Numbers
Short: 7800
Close Short: 5200
Buy: 3600
[POSSIBLE +100%-2000% LONG] DGBBTCHere's that jewel that most of us look for, it's still a 50/50 trade in my perspective, there's no clear confirmation but we see a clear decrease of the downtrend force, all the indicators are showing a slow reversion, smaller time frames are used to time the bottom it looks good.
The crucial here is the price staying above 120 for the next hours if so that means that probably that's a good bottom and a good confirmation, judging the enormous upside (+2000% until the last fib level) it is something that i would accumulate if price holds.
Fundamentals are ambiguous, the team failed several times delivering on conferences that's why the constant drops, but the coin/tech itself is good.
It's a technical purchase mostly, people realizing it is just too cheap.
Sell targets are all fib levels, sell at your own taste ;)
ETHUSD Could push above $1000 before 2017 year endETHUSD Could push above $1000 before 2017 year end if the upper resistance line of the medium term bullish channel is reached as seen in the above chart:
SELL IT LIKE A BOSS |BTCUSD| H2I see three possibilities on this assets after RSI confirms a reversal on BITSTAMP:BTCUSD
1. Price will continue down and touch the previous support line then bounce back up to the new resistance forming a new lower high, after which it will rally down to the indicated target at the 3538 area. (remember, structure always leaves clues)
2. Price will continue to rally down from current level forming lower highs all the way to the 3538 target area.
3. Price will rally down respecting the new downtrend parallel channel all the way to the 3538 target area.
!! You know the rule, risk only 2% of your capital unless you are hedge fund manger with inside info :) !!!
BITSTAMP:BTCUSD
MCO before Binance open - analysisMCO is targeted to release August 31st. Recently, the market has been moving the price closer to match the market cap of it's competitor Tenx Pay.
We still have around 300% growth before that point is reached.
With the opening of trading on Binance today at 3:00PM Hong Kong time, we can expect this trend to continue.
- Expect fast growth and sudden drops.
- Expect market cap of MCO to reach PAY (Tenx) in the short term.
- If the release on the 31st is successful expect much more growth for the mid to long term.
- If the release is delayed expect a sudden drop until confidence returns.
*This is my opinion and is not investment advice.
BTCUSD Made a Corrective Drop; Now back to the high?Bitcoin made a nice pullback down into wave c of four in the last few days about we talked already last week. We see a flat that can be near completion with a 3-3-5 formation. If that is correct then bitcoin should recover above 4k soon which would be confirmation for further upside into wave five that will be targeting new highs.
