OMG Network is now OMG Foundation
Enya is building Boba Network as a core contributor to the OMG Foundation.
From T.A. OMG at a monthly key support area; find TP therein...
More downside seems likely here as the weekly 50 ema is around $7.60. Then we can start to recover, this was brutal, we bought at $3.60 in my group & sold at $16. Kept initial investment in the coin for the next leg up. GL guys.
I'll keep this one short.
OMG looks really bullish in Daily.
I am buying at the current levels and will be accumulating till $8.5 if it gets there again.
Because of its recent BOBA Network Airdrop peo [ple sold the news after the snapshot and since the price plummeted 56%+ without any proper bounce after making a high of $20.17.
RSI is also in an oversold...
OMGUSD is at an interesting junction as it passes through 2.618
Price tends towards volatility as it passes through these Fib levels within the circles
I favour price to continue upwards, however there is a chance that price falls as it aligns vertically with the circle
It is also supported currently by a rising support which gives me hope
This is a follow up to the trade below:
The range and resistance staying the same. Newly OMG formed triangle📐and now seems to be breaking up. Also breaking the range upper edge. Just bought @ 14.5.
ENTRY : local high @ 14.5
SL : local low @ 13.63
TARGET : height of the triangle projected...
Price has been selling off for over 2 weeks and the last 10 days has been large divergence. Price also hitting support around $9 area.
Price has dropped nearly 60% and hasn't bounced once. This paired with BTC finding a short-term bottom on a larger timeframe makes this a simple long trade.
Expecting 20-50% depending on strength.
OMG is in its own ascending channel.
It seems that the price could correct at least to the 0.618 Fibonacci level if RSI breaks its own trendlines.
The purple line is Fibonacci extension Target.🟣
Red lines are support and resistance level.(daily)🔴
The blue line is Fibonacci Retracement 0.618 Levels.🔵
The green line is Fibonacci Retracement 0.786 Levels.🟢
Aping into OMG here ,
Its at a key pivot point here , also BOBA airdrop event is on 12th November .
- Funding rate is currently paying longs an absurd amount and the PA is incredibly clean.
SL 12H close below $14.
NOT FINANCIAL ADVICE.
It has been a long time since we have had an idea for OMGUSDT. It is not very interesting for trading for us, probably, because of small daily trading volumes and low liquidity in the market.
Nevertheless, today we are going to describe some scenarios for the lovers of OMG, because who knows when we will have time to describe this pair.
The most important thing...