The new market cycle of OMG will begin soon. OMG followed the wyckoff method almost perfectly that means that the probability of a trend reversal is high.
Looking at the daily chart for OMG, we can see that the price has been consolidating since its meteoric rise in Aug/Sept of last year. At the moment, it is approaching a key support line (white) from which it bounced off of in December. This support acted as the steadfast catalyst it needed to start its next run up. Could it happen again here? We'll see. We can...
As we can see, OMG has been stuck in a falling wedge and seems to me like an ABCDE correction. Rules of ABCDE correction dictate that there's a high probability of a breakout at termination point of Wave D. Lets not forget that there are not one, but two airdrops incoming for OMG in the near future. In short: We have Technical and Fundamental evidence to support...
Long position: Buy: 10-11$ Stop-loss: 8$ Targets: 18$ 20$ Term 2 month
OMG/USD is currently in a high demand area (white rectangle) the price range in that rectangle is between $6 and $7.5 Everytime it has been in this rectangle, it has shot up with at least 100%+ Profit. This is a highly demanded zone. Nevertheless, I still recommend scaling wisely as its not a Bull Market yet. But buying good chunk of it would be great...
Almost a vertical drop in OMG should stop? In this we will help the price zone 5.8-6.2 $. Why did I decide exactly where the price will stop? See the global idea of OMG . This idea is a particle from the big picture that I see on this coin. The rebound will be fixed in 3 price zones: 1) 7.05-7.3$ 2) 7.7-8.3 $ - I will cover the most part of the position here 3) 9.2-9.7 $
Cycles are a huge part of trading. We are always on the lookout for clear indicators of reversal near the bottom and top of ranges. OMG has seen a clear breakout from near the bottom of it's range. We recommend entering with a tight stop loss due to the current risky position of BTC 4.20% . Make sure you manage your capital - we recommend investing no more than 3%...
Dear community, OMG USD caught our intention due to its sane corrective behavior on top of strong fundamentals on the technology side. Assumptions: - Completion of Elliot Wave triangle. - In last segment of resistance (see Pitchfan) - Triple bottom within the triangle -RSI oversold and at bottom - Great R/R ratio Stop Loss: $7.6 SL to be readjusted to...
OmiseGO (OMG) After break out symmetrical triangle fail to reach $28 target of this pattern after that creat to us Rectangle channel and move on it the good this we have it from $8.XX and gained good profit at last wave. So what now is Omg ready for a new green wave is ready to create new ATH this year? This can happen if market back Bullish again but from...
There's a very lucrative opportunity walking around in your neighbourhood. Now are you gonna be the one who waits patiently for it to knock on your door or are you gonna be the one who grabs it by the collar and reels it in? Now on to the technicals: Since BTC broke a major support line that has held for the better part of the year. Now even Perma-bulls have...
Price in global a triangle. The price touched the support zone and rebounded, if this imgules is enough, it can exit the global triangle
Hello guys, in this period the volatility for all the biggest cryptos is particularly low end this setting is consistent with a rise of all sector. In this environment the only out of tune is volume, low for all the principal cryptos, exepting EOS. Looking at different chart I've focused my attention on OMGUSD: it is trying to complete a 1-2-3 formation. In fact...