OMGBTC going down in the demand zone and doing the accumulation process for good moving up.
Omisego remains neutral both on 4H (RSI = 50.314, Highs/Lows = 0.0000) and 1D (RSI = 47.725, Highs/Lows = 0.0000) as it approaches the 1W Channel Down limitation. It will either be rejected towards 2.000 or bounce to the 0.500 - 0.618 Fibonacci retracement level. In both cases 1W is a strong sell (MACD = -2.179, Highs/Lows = -0.6889, B/BP = -28843) and should make...
We advise traders to accumulate OMG/BTC as it has recently tested its low from Dec '17. Our plan is as following: Accumulation zone: 0.000480 - 0.000550 Sell zone: 0.000694, 0.000798, 0.000920 We wouldn't be worried as long as the pair manages to stay above 0.000450
OMG looks like it's going to bottom above the red FIB line at 0.326 level. The road to the bottom will likely be within that falling wedge shown in the chart. The pump should take it up to at least 0.001 BTC, or FIB line 1. The Pivot Point (Hammer) is the support of the Falling Wedge and the FIB line at 0.326 level. This is between the 14th - 16th of November.
12RR.Do i need to say more?Buy on the breakout.
Technical analysis: . OMISEGO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Technical analysis: . OMISEGO/ETHEREUM is in a range bound and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 48. . While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue . Trading suggestion: . There is a possibility of...
Will it break? For Omise, the end goal is “a decentralized mechanism for eWallet platforms holding fiat-backed value” , more so a network to better serve their existing payments gateways in terms of security and scalability. ‘ While OmiseGO supports payments, is not designed first and foremost a payment processor within a specific eWallet payment provider (EPP)...
OMGUSD is following the projected 1D Rectangle pattern (RSI = 46.113, ADX = 10.117, Williams = -53.227, CCI = -22.3854, Highs/Lows = 0.0000) trading sideways within 2.9725 - 3.8810. The pattern however has approached its completion point as it meets with the Lower High limit of the 1W Channel Down (MACD = -2.151, Highs/Lows = -1.0226, B/BP = -3.146). A downside...
Expected bullish movement upto 10%. Pattern: Ascending Triangle Hiekin Ashi show the Upword movement.
Weekly Looking at our trend timeframe we see price continuing it’s downtrend, stochastic rsi showing momentum in favor of bears with no signs of slowing down. Support found at 52000, last time we were at this price was back in December of 2017. Last time we were at this price we saw a jump from 52000 up to 200000, will OMG behave the same? Daily Shifting over...
OMG / BTC The downtrend moves to the flat (accumulation zone of positions) after the accumulation of the asset will move to the first level of fibbo 78.6 The deal is designed for a long-term period of 1-3 months
Omisego is on a 2.9758 - 3.9500 Rectange pattern on 1D (ADX = 16.370, Williams = -54.385, CCI = -12.1505, Highs/Lows = 0.0000) that can trade sideways for another week until it prices a new Lower High on the 1W Channel Down (MACD = -2.130, Highs/Lows = -1.3533, B/BP = -3.8158). We remain bearish, TP = 1.4942.
Preface: Not trading this. This trade relies entirely on Ethereum continuing to lose its value. If you're short term bearish on ETH but will want some in the long run when its trend reverses, this is the perfect swing trade. The only issues would be liquidity and an awful bid/ask spread.
OMG possibly one of the most underrated tokens on the cryptocurrency market to date. Been descending on the weekly since April 30th. 50MA sits $6.85 which is a resistance (Purple Box). After seeing positive gains in the whole market in the last week, Possible pull back is in order, but seeing as BTC could break the $6700 area. We could be eyeing $4 (Blue Line)
OmiseGO (OMGBTC) has finally hit December's low, the same pattern we've been seeing for most of the altcoins before they take off. A strong bounce after reaching a new low or reaching the lowest point before last year's bull run. A bottom isn't confirmed until an asset breakouts and starts a new trend, but we have several indicators and early signals that can...
I am really finding it hard to be bearish on alts. Heres a couple of reasons why, for OMG at least. 1) Weekly support, also bullish OB from literally OMG's inception. 2) 3D support. 3) Daily support. 4) Why are selling support? 5) no really, why are you selling support. Jokes aside. I don't really have more to add other than this is support. I'm buying all the...
OMGUSD is now trading below the previous 3.2309 1D Support and a recurring pattern is seen on 1D that typically leads to a new Channel Down. Both 4H (RSI = 34.346, MACD = -0.063, Highs/Lows = -0.0720, B/BP = -0.1109) and 1D (RSI = 36.903, MACD = -0.273, Highs/Lows = -0.1659, B/BP = -0.5409) are actively bearish and we are aiming at an aggressive decline on OmiseGo...