Middle band of the Gaussian Channel will prove itself as support, as it was previously tested as resistance
While on the BTC pair for OMG a bottom looks to be forming which is also promising
The USD pair looks a lot more bullish than the BTC pair in my eyes
OMG is in an upward channel, since March 2020.
I think we will reach a target of 40-50$ at the end of the bull market. Don't get thrown out of the market! It will be turbulent, but it is part of the bull market.
Clearly OMG has broken out on the BTC pair. Currently back above the 200 DMA and this should be a fun ride over the next 3-4 weeks. Measured move takes it back to late August 20 levels. Priced in USD that would be $26-$32.
I am primarily a swing trader so I'll be holding on for the whole move. Critical levels are marked in dotted yellow lines for those of you...
omg shows completely strong potential to grow, whenever it faced the $8 resistance, it returns back to try break it.
so trusted for huge gains within April and May, amazing choice to hold if u already bought, if someone would like to enter or load more bags , my advice to buy on parts near the strong support indicated on the chart.
OMG / BTC
the area from 0.0000700 - 0.0001100 was previous long accumulation zone for OMG
Potenial double bottom
Rsi and volume are good
I think OMG will give very nice return from this area and only for patients traders !!
OMG is consolidating in an active trading range of $4.78 - $5.48
Entry into purchases can be sought between $4.96 and $5.18
Stop Loss is safer at $4.30
Price levels would be the following target levels:
Good luck and watch out for the market
P.S. This is an educational analysis that shouldn't be considered as the...
OMGUSDT - Intraday - We look to Buy at 4.94 (stop at 4.74)
Daily signals are mildly bullish.
Price action continued to range between key support & resistance (4.90 - 5.50) although we expect a break of this range soon.
The bias is to break to the upside.
Dips continue to attract buyers.
We look to buy dips.
Pivot resistance is at 5.53.
Our profit targets...
OMG is seeing a very bearish pattern playing out - ascending wedge! This pattern is shared with many other altcoins, alongside bitcoin forming a head and shoulder pattern on the 4-hour chart the overall market direction is pointing downward!
I believe we will see downward movement for the remainder of the month before we head back up nearing the later half of...
The first uptrend ended in the range of $ 9.82, in continuation, the corrective movement of that has finished in the range of $ 1.96. By drawing the channel line, we can set a $ 40 target for this token.
In the daily chart, the first 5 ascending waves which were able to cross the end of wave B, confirms the uptrend (wave...
F.A: Layer 2 solutions are in demand right now. Ethereum needs to scale. DOT, ADA, BNB are all just copies that are not bogged down by the weight of most of the altcoin market, like Ethereum. Ethereum will scale. Necessity is the mother of all innovation, and right now ethereum's gwei price is making it impossible for newcomers to use the network. OMG is a leader...
OMG is fundamentally solid crypto that rose to fame in late 2017 being one of the early gainers in the 2017 bull run, ever since then 1120 days ago, OMG has been in a pennant formation and has broken out!!!
THIS IS HUGE! and many other coins such as wanchain are sharing similar patterns!
- 1120 days pennant breakout
- macd and ma cross...