OMG / USDT 1- Falling wedge pattern 2- 50 EMA act as dynamic resistance 3- RSI is printing a bullish div If buyers success into breaking resistance strong bullish wave will come after Keep your eye on it
Hello trading friends, Omisego - also the called name - the sleeping giant looks on a positive trend - and it could make some trend changes coming time. It's a coin that has some cycle trends where it could make the difference - for this reason, it's a coin that could make unexpected for the most change. Possible targets 6 USD + and in good breakout trend it...
Hello trading friends, Omisego - into the interesting zone depending on Ta trends. Have a good time.
Hello trading friends, This is a small view for OMGUSDT. As omisego are now on an important trend line - is this also the reason for this update. you can see here the before update of omisego There is a good chance that we could see a breakout in OMG - that could bring price action to 6.50+ We will follow and see if the market will show these effects. There...
OMG Network (a.k.a. OmiseGo) regained 50MA support and is pulling back to it, looks good for another bounce after. Current Price= 4.023 Buy Entry= 4.004 - 3.800 Take Profit= 4.399 | 4.798 | 5.237 Stop Loss= 4.085 Risk/Reward= 1:1.2 | 1:2.16 | 1:3.22 Expected Profit= +25.48% | +45.92% | +68.42% Possible Loss= -21.28% Fib. Retracement= 0.382 | 0.5 | 0.618 Margin...
Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice. Link to previous chart: If you press play on the previous chart, you'll see that my wave count is off. The 5th wave hit way sooner than my predicted area, it's right above the wave (3) top. We've gone below the .238 fib line and currently we're sitting right...
OmiseGO OMG - can hidden bullish divergence avoid breakdown? The huge weekly support trend channel was broken to the downside and a conformation can occur within the next weeks. But a hidden bullish divergence on RSI and MACD might lead to a fakeout and a recovery. What do you think? Drop me a nice comment if you'd like me to analyze any other...
Here we can also draw a falling wedge. We have the same signals we just looked at on the OMGBTC pair. We have the inverted hammer candlestick pattern with a -8 on top of it as prices break out of the falling wedge and move above EMA10. These signals in combination are really strong, as long as the week closes above EMA10 today. We also have a higher low...
This falling wedge pattern might just be two lines drawn on a chart but somehow when it comes out what follows is easy to predict... We can expect prices to go up. We have a strong combination here since this is the weekly timeframe and we have an inverted hammer last weak with -8 on top of it... These signal together give out a strong bullish signal. We can...
Is the bearish wave complete? We don't know, people say it is impossible to predict anything, they say TA is junk; it doesn't work... Come closer... Allow me to show you some Magic! OMGUSDT Oct. 26 2021 (Inside this trade idea there is another one)... Just based on this previous chart and the bullish sentiment that is growing today, we can expect another...
Hello trading friends, This is a small view of the Omesgo chart. Depending on the last trends (OMG) are still into an uptrend. If the trend stays above the 4 USD + trend coming time - we could see a new area of 6.80+ what we have seen more times since Dec. Into trading there is no guarantee for any price action - all depending on market study and trend. If...
Omg On Head For confirm its's better to check it on 15\Min Timeframe
OMG has been showing a rsi divergance and been forming an upwards pattern
Form of OMG graph has been repeated once, and if it breaks out of the downward trend channel, maybe a steady ascent can begin again...
$OMG has had one of the worst drawdowns in altcoins since November. I lean towards a strong bounce to make up for the quick move down. Over the next weeks/month(s), I think OMG should bounce back to retest resistance up in the $11.72-12.60 range. I've marked out key dates for changes in price action. Entry at $3.79. Let's see how it plays out.
Hello everyone, if you like the idea, do not forget to support with a like and follow. WEEKLY: Right Chart OMG is overall bullish trading inside the brown rising broadening wedge pattern. and now OMG is sitting around the lower brown trendline and green support, so we will be looking for buy setups on lower timeframes. DAILY: Left Chart OMG is forming a...
0.5 acts as a very strong support for price, previously in quite a small period of time the price has touched this level (0.5) and successfully rebounded It looks like the third touch is coming The MACD is in a kind of megaphone state, the next upward tick of the indicator will be a larger one based on this structure
Formation of head and shoulder pattern in 4H -----------------------------------------------------------