Hi guys, OmiseGO managed to stabilise itself in a sideways movement. Retracement was stopped after Thai minister of finnance
gave it its support. What' gonna happend next ?
We can see that the sideways movement is coming to an end. It created a roughly Simmetrical triangle whose sides are made of an uptrend line and a falling resistance line. It is...
Great bull flag over several days, next two days will provide solid consolidation. Price will have no choice but to go up or down, and given the nature of OMG itself, the recent price trends and the tech behind it, I see it going nowhere but up.
My entry would be around .00019600 for the next 12 hours or so, anything less would be a bit ambitious. Scale...
Interesting times, volatile markets , lots of fear and opportunities.
There could be an interesting buying opportunity if OMG manage to stay in the ascending channel.
The green line is a bullish confirmation and could mean another rise in value.
Stop loses if OMG break out the channel. Next Fibbonacci level is deep deep deep...
Good luck and peace!
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Análise em Português/BR (English version below)
A OMG vem de um incrível período de alta de 570% realizados em 14 dias, e começou a fazer sua correção nesta última quinta-feira, dia 17/08. A onda corretiva A parou em cima da linha de 51% da retração de fibo, correção esta que poderia ser ainda maior em função do tamanho da alta eu esperava que chegasse até os...
I see the opportunity to BUY OMGUSD
it is going up to 9-9.5$ area
as the graph gain many buyer it probably making new high today
Trade with care
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Thank you
Based on the 1H chart we can draw a pennant chart pattern. It's a continuation pattern and we should expect for further upward movement. Pending orders for buy must be placed at 8.74 level. Stop orders must be below 7.80 level. Profit targets are 9.50 and 10.00 levels. If the price drops below the bottom line of the pennant, we'll see downward movement to the...
Seems to be pushing through top resistance, if it does expect big gains. Strong support line as drawn in the diagram will keep it from dropping too much, GL
This pattern has repeated over and over with $OMG. Don't fight the trend. Go large here but set stops near 6.25. The structure is in place for this company to increase their market share in crypto.
TA: Above cloud still on 4hr with major appearance of yet another C N H that would if confirmed breach ATH sending the Fibbie's searching for the $10 range.
Beyond...
