We're hitting/just bounced of the 7.2USD support in March and February, Also less significant is the support line connecting the price early in 2017 with the wick in November 2017 which intersects the support at 7.2USD around this time. Looking at RSI, it seems to be bouncing off the support at 30. which also indicates a possible reversal
Eos i think will have another small retrace to the 50% level. RSI still not oversold Willy is not being stupid yet Volume on the low side MACD yet to form a W If price can for a W creating some market structure then i will be bullish but for now im looking at a short As I always tell my group: No ones opinion matters, price will do what price does and to trade...
Dear community, BCH appears to be forming a Diamond top on the 4h TF. Correlated to Fib levels that would bring us to the $820 mark. All the Best from the Crypto Space Alteroc
Cycles are a huge part of trading. We are always on the lookout for clear indicators of reversal near the bottom and top of ranges. OMG has seen a clear breakout from near the bottom of it's range. We recommend entering with a tight stop loss due to the current risky position of BTC 4.20% . Make sure you manage your capital - we recommend investing no more than 3%...
OMG does not raise its head in the last sessions and its losing -2.63% in the last 24H accumulating losses of -27.5% in the last 30 days. The pair has been moving in range since June 12 and the absence of buyers is evident, looking up we see many strong resistances for the price on the Pivot R1 and very close the level of $ 10 next to the EMA-100.
Dear community, OMG USD caught our intention due to its sane corrective behavior on top of strong fundamentals on the technology side. Assumptions: - Completion of Elliot Wave triangle. - In last segment of resistance (see Pitchfan) - Triple bottom within the triangle -RSI oversold and at bottom - Great R/R ratio Stop Loss: $7.6 SL to be readjusted to...
OmiseGO (OMG) After break out symmetrical triangle fail to reach $28 target of this pattern after that creat to us Rectangle channel and move on it the good this we have it from $8.XX and gained good profit at last wave. So what now is Omg ready for a new green wave is ready to create new ATH this year? This can happen if market back Bullish again but from...
OMG has lost 0.86% in the last 24H and $ 3 USD in the weekend drop, the price crossed the Bullish trend line that is traced without problems, at this time the price is at $ 9.29, support that has been kept the last two days, if this support ( two months minimum ) is broken, the level of $ 9.00 would be the next support to visit, below, S1 at $ 8.04 is the next...
OmiseGo continues to reject the uptrend trendline, with the most recent touch occurred just yesterday, when it hit $9.2. This is also an 88.6% Fibonacci retracement level of the previous wave up. If price stays above that support, trend reversal could take place. An it is very interesting that the nearest strong resistance is seen only at $88 area, which is...
There's a very lucrative opportunity walking around in your neighbourhood. Now are you gonna be the one who waits patiently for it to knock on your door or are you gonna be the one who grabs it by the collar and reels it in? Now on to the technicals: Since BTC broke a major support line that has held for the better part of the year. Now even Perma-bulls have...
Price in global a triangle. The price touched the support zone and rebounded, if this imgules is enough, it can exit the global triangle
OMG reverse H&S, just my thoughts.
OMGBTC POSSIBLE TRADE SETUP: OMG is currently in the final phase of correction. Indicators are showing some nice bullish signals, meaning we could see trend reversal anytime soon. It formed double bottom patteren and bounced right up to 0.618fib resistance. Also take a look at beautifull trend channel which is respected from early december 2017! This channel...
On the 4h time frame we are looking at a potential symmetrical triangle that is forming. (This is not financial advice, this is a volatile market where anything can happen)
OMG has lost -4.40% in the last 24 hours and is repeatedly bouncing in the S1 Pivot where it is converging with the Bullish Trend Line that we see here in this 4H chart. We have to be alert because the volume is rising and a strong rebound could send the price to $ 12.
Hello guys, in this period the volatility for all the biggest cryptos is particularly low end this setting is consistent with a rise of all sector. In this environment the only out of tune is volume, low for all the principal cryptos, exepting EOS. Looking at different chart I've focused my attention on OMGUSD: it is trying to complete a 1-2-3 formation. In fact...
OMG this pair we see that this 80% of fulfilling a shoulder-head-shoulder pattern and then I see that he is doing an AB-CD pattern with 0.6% retracements of fibonacci what by theory should fall to 1.27% fibonacci Dode this painted zone D. regards