Plan is to go long on the break of resistance / double top.
A relatively straightforward piece on request of a reader/follower. OMG has switched from one upward trend channel to another, like missing a step on a ladder but still going to the attic. You can also compare it a little bit to the typical pitchfork analysis and we are now in the lower end of that upward pitchfork. - Given that volume is rather low , I expect...
Ascending triangle potential breakout targeting around 68% growth.
Divergent momentum peaks, MACD cross downward, inverse cup forming. Be safe out there, you trader crusaders! -B
The first project on Plasma, OmiseGo have both fundamental and technical bullish at the same time. discover.coinsquare.io I see a 'round bottom' and potentially 'Ascending Triangle' pattern on the chart right now, Buy on breakout could play out well. Disclaimer ***THIS IS NOT AN ADVICE, I AM NOT YOUR FINANCIAL ADVISER***
BINANCE:OMGBTC OMG strong up channel the chart talks for itself. IF we can get a full candle breakout in the purple range it should be looking good to move on up! I will update once we get to that area/break it.
As it seems it a cup is made, we'll wait for the handle and then see OMG break through resistance to go . Assuming all is good with the bull trend, the good signs are lined up for OMG. The wallet will come at the end of the month too, alongside some news from the team, so OMG is surely to go up. Especially in the ETH ratio, with ETH lagging behind BTC and losing...
Nice risk reward trade technically, but this time I am going to throw you some backgrounds behind first. Ever since 2013 the infamous hack, people are starting to realize that centralized exchanges are huge risk both for us and the whole cryptocurrency market. We then experienced hack but fortunately that didn't drive them out of business, instead, they issued...
OMGBTC is in an ascending channel. MACD squeezing -> bullish RSI bottoming out -> bullish at ascending channel support -> bullish
Great chart formations on the OmiseGo markets. Buyers that would like to speculate on the OMGBTC market will have to make p their minds soon. We have a very nice bull flag forming here and we can see that the market has made a very nice cup on the 1 Day candles. These kind of situations usually lead to very nice breakout trades on the crypto markets. We can...
Price Action (Lower highs and lower lows), + Neckline Target of the large Head and Shoulders, + Trendlines, Channel, + Text book AB=CD Pattern, + Colluding Neckline Target of the Smaller Developing Head and Shoulders. All point to this scenario. Also all the technicals point to ETHUSD moving up at the same time to finish Wave 5 and 3 respectivly. (See my ETH...
It is clear from the charts that there is a link between these assets. As ETH enters into its correctional wave 4 will we see the money flowing back into OMG? I suspect we will.
it's time to start accumulating $OMG OMG has been holding up great support even with BTC's bullish runs. -With higher lows, slowing climbing the bottom of the support trend line. -I drew out the projections of the EMA 20 & EMA 55. on the 1 Day chart. -When both EMA's cross, it will be a confirmation for a new bullish trend. First targets are marked as...
OMGUSD Long According to Fibonacci Retracement and Trend Based tool. Entry: right now Target 1: at 100% level Target 2: at 161$ level
If you missed the long wait till the $7s pullback towards support for a new leg up toward $9 and up. This is a classic falling wedge pattern.
In order for this breakout to MOON we need to see OMG Cross this resistance. Volume still really low comparatively so use caution. I think BTC still has some legs left.