OMG has not taken a break of its uptrend ever since it was launched. If you got in early, you probably made a decent chunk of profit with this one. I think it's now time for a healthy retracement to the 0.236 or it might go lower to the 0 fibonacci level. RSI is showing uptrend on the 4h chart but both MACD and TDI are showing downtrends. I expect to re-buy...
OMG has not taken a break of its uptrend ever since it was launched. If you got in early, you probably made a decent chunk of profit with this one. I think it's now time for a healthy retracement to the 0.236 or it might go lower to the 0 fibonacci level. RSI is showing uptrend on the 4h chart but both MACD and TDI are showing downtrends. I expect to re-buy...
In next 48 h we can expect massive hit bull wave. Actually volume+ fundamental informations will burst your wallet!!
OMG broke out of its downtrend with high volume. Likelyhood of the trend reverting is low since uncertainty with China's decision to block cryptocurrency exchanges has been resolved.
First bottom closes outside the Bollinger Bands with high volume. Then retests, closing inside bands. Second bottom closes outside of the Bollinger Bands. Volume 60% lower on second bottom
Brokeout of rising channel back from Demand zone+0.5 F lvl If breakout then going to next Demand zone+0.786 F lvl
OMG has kicked off another ATH with great volume. As such I believe it's going to continue with this bullish momentum. After ATH resistance look for target of about .0038
OMG looks like it's ready for the next leg up, longer pennant consolidation, 4hour MACD and stoch turning up. I expect a breakout from the pennant within the next few 4 hour candles, test of previous ATH, small bounce downward before finishing up based on the flag pole height
OMG STRONG 4 HOUR TIMEFRAME. Los Angeles 10:00 PM. OMG is strong at the 4 HOUR TIMEFRAME and anything can happen with all the BTC FUD. I would buy in small increments and hold for a week or two. Although OMG looks strong, I would hold mostly in cash and wait out the FUD.
First and foremost, it's too late to chase it!!! -Prime entries were points 2 and 4 on second set of elliot waves in purple. - Fibonacci levels are respected and projected here in this analysis. -Stoch RSI is turn up. -OMG has a great presence in the market. Do not be suprised to see this coin rally for new highs. I keep it simple. Let's see how my analysis...
OMGBTC is trending upwards in a nicely defined channel. Currently forming a flag on the 1h chart indicating a bullish continuation of the major up trend. Potential buying opportunity now, or on a bounce off the bottom of the channel (for confirmation) for a short term trade with a 10 - 15% profit target between 0.00316 and 0.0032. Stop loss at previous support...
Not as we used to know.Maybe OMG too crowded? A nice pop up not followed
General trend is up. Entering at the pull back, on its way to its upper channel. Target as described. GL!