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...
OMG just broke out of morning star reversal on the hourly which should take it out of double pattern. Almost 7.5:1
If it breaks and holds above $8.77 then expect a nice spike.
OMG is based on the "Be your own bank" approach. It is engineered to use eWallets. It is based on the Ethereum. It will activate its own blockchain in the fourth quarter of 2017. OMG is a decentralized payment network that combines Fiat and cryptos. User do not need a bank account to use OMG. After a strong start, the consolidation could be completed and an...
The downward pressure has pushed OMG to its 61.8% fibonacci level, creating a buy opportunity. Now we should see it rise to its 80%, 100% or 160%. However, an upward flag pattern appears, which could mean we have one more opportunity at the previous low, before bouncing upwards again. If the pattern breaks previous resistance, this creates new buying...
RSI confirms reversal in the price movement. The price has been bouncing off from the support level around 7.5 and ma50 which is giving confirmation for further upward movement. Buy orders should be set above 8.5 level. As RSI has climbed this high it's possibility for retrace is high. Might be that retrace is small in term of the price but I recommend to be extra...
The pattern is complete when the price breaks out of the triangle - look for an increase in volume in the direction of the breakout. 1st Target 13.6$ before the end of the year 2017 then correction to 9$ level after the correction 2nd Target 18 $
The price bounced from the reversal zone which was formed by the uptrend line and 7.40 support level. Passing through the cloud of Ichimoku indicator gives us a buy signal. DMI supports upward movement and allows trading. Pending orders for buy should be placed at 8.15 level with stop at 7.30 level. Profit targets are 9.25 and 11.00 levels.
ascending triangle. Just look at that! Well, OMGUSD is on its way to break out. I think there is even a possibility it would take a try @ 13USD again. We´ll see. My first target would be @9.1USD Second target @10.2 USD. Stop/Loss @ 7.5USD Good luck.
I see OMG forming a small ascending triangle at 8.5 top. The Wallet SDK hype will push the OMG to break out to test the next resistance. If the resistance at 9.6 can't be broken, the Elliot Waves have to be redrawn. It is unlikely that triangle top can't be broken.
THIS is the main point for OMG if it is passed from above line it can raised and else it can dump again. follow the chart
OMGUSD broke out to the upside from long term wedge pattern. 1st resistance 49% and 2nd resistance 73% gains are expected. Momentum appears to be absent with more consolidation ahead. Stay at sidelines until a clear direction is evident for a trade up or down.
We have now possibility of inv H&S. Good pattern for break out and reversal of a current correction.
In case you missed IOTA, EOS, XMR AND ETH Rockets, OMG is calling you this time... A rocket is being prepared to make it's one last touch to it's support line!