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...
I think everything is clear in the picture, but if OMG can cross the black line, it can reach higher levels of 3.49 3.75 ... but if it can not resist, it will go to lower levels.
Buy carefully and patiently ...😌
Good luck friends✌✌
... Please like and comment✏♥️
*** Stops need to be re-adjusted and R:R reassessed at point of entry. As a guide, I usually count 6-8 candles back from my entry point on the timeframe I’m trading on and place my stop just below the lowest wick within those 8 candles in the case of a short, or above the highest wick of the last 8 candles in the case of the long. If this rule means your R:R to...
The current situation:
1. A descending triangle pattern is now more apparent with 53% chance of breaking upwards and the measured target is about 4.45 USD from the apex. But still, note that there is still a head and shoulders formation within the triangle, which is a predominantly bearish pattern.
So far, the Fib level (gold line), 4 and 6HR 200MA have been...
The current situation:
1. Price action has ran up to about 4.3 USD today and now has formed a head and shoulders, a bearish pattern, on the 15M chart. The neckline of the pattern is about 3.95, which the price action has now broken below and the measured target is about 3.6, which is about where the 1HR moving average is.
The 4 and 6HR 200MA are at about 3.8...
At 4H, the cloud is directing upward, indicating an uptrend. At H1, the cloud is directing downward, indicating a price correction at the 4H timeframe.
Besides, RSI is at the oversold level, which indicates the weakness of sellers, and also a divergence has formed between the price and RSI.
We recommend buying OMGUSD now with a stop loss at 5.3 and take the...
Deep rollback level.
And it's a good way to get into shorts. Or you can cover your spotting position.
I'll fill in the unsold zone. And I guess in the near future.
The AO RSI indicators show a sale
Push ❤️ if you think this is a useful idea!
Before to trade my ideas make your own analysis.
Thanks for your support!
OMG made a higher high last Nov 16 but the price went below 50 Day MA and it's on a deep pullback.
If OMG can hold support between 950-1000 sats and bounce above 50 MA,
there is a high probability that a new higher low is now set and potential daily trend change.
You can see the Chart of OMGBTC on Daily Timeframe .
It Seems Like correction period End.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
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Hope all your trades are going well
Expect: Short-term: Short
Expect: Long-term: Can't miss in SE ASIA
This is my girlfriend #1 Coin she invest in, and she is in accumulation mode lol
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Like the Phoenix we will rise from the ashes
Happy trading People....
Almost a vertical drop in OMG should stop? In this we will help the price zone 5.8-6.2 $. Why did I decide exactly where the price will stop? See the global idea of OMG . This idea is a particle from the big picture that I see on this coin.
The rebound will be fixed in 3 price zones:
2) 7.7-8.3 $ - I will cover the most part of the position here
3) 9.2-9.7 $
On 3days timetable it is clearly visible how OMG formed the head and shoulders, which is confirmed by volumes, breaking the basis and the most important price level 7.7-8.3.
Therefore, if the test of the price zone 7.7-8.3 or the basis in the area 9.7-10.4 will be successful - then I wait 3-3.5 $, and then possible and 1.4
OMGBTC (OMISEGO Token) 05/26/18, 8:15 PM EST, by Mike Mansfield
Good evening, trader friends! Thanks for stopping by. No, no, no, I am not here to wrangle a thumbs up from you on this one. However, if you just love any of the other forecasts, feel free to like away! ;-)
OMISEGO sounds a bit like what “oh my gosh” would be in another language.
Perhaps you can...