OmiseGo possible cup & handle forming. Needs to break key resistance @ $11.70. #crypto #OmiseGo #cryptocurrency *Note: Idea/opinion, not investment advise
After the panic dump of OMG it broke the trend but quickly recovered back onto it, I expect the markets to stay calm for a while and move sideways, with OMG does the same before deciding on a more straight direction.
after the huge dump on all cryptos, finally we are getting some correction.
Two possibilities, if goes down then it's a buy at 0.0017 or else sell like it's given.
A bearish triangle appearing with the 38% fibonacci retracement, which should have some good support. However, if this breaks downwards, we could see prices move to $6.50, and maybe even $5.00. I'm expecting price to consolodate around the 38% line where it currently is, but wanted to show some resistance levels in case any were wondering. A third uncharted...
Hello all, I hope these charts help to inform your trade decisions. All the info is in the chart. please let me know if you have any comments or questions. Always use stop losses to minimize loss. Your hard money lost hurts a lot more than missing out on potential gains... There are always future opportunities. I am learning this myself the hard way.... Also...
I'm existed! XRP and OMG play the same melody at one time! DMI will indicate current price reversal. Next Target 17
Just an update to my previous idea. Hope you enjoy. All explanations are in the chart.
OMGETH breaking out of one channel, should see it drop and bounce off bottom 2nd channel below in black. Support at .027. We should see resume larger trend in bigger channel after, so I believe it will stay long. Resistance levels marked on left.
OMGBTC looks like it's gonna break down its current support at 2220. It will go down to the trendline support and bounce back up. Buy when it touches the trendline support.
Well there's tons of buzz about Omisego and despite it's declining volume there has a been a clear uptrend in price and it has remained in the top 10 for daily volume on Bittrex for some time now. This is a long term hold for me, accumulating all along on the dips
This is an update to my previous idea. Currently bouncing off of major support which is also a critical fib level 618 I would buy once clear upward movement is shown - higher low and higher high in 1hr time frame is the safest but may miss out on maximizing gains. It might be worth buying with a very tight stop-loss right below the major support.