Hi friends. Lets look at OMGUSDT chart window. I mark all interesting levels and processes on the chart. we have big volume of solds above 4.3. And there is two mirror levels (by X-Lines script) 4.15 & 4.21 they can't be breakout without accumulation process. So my opinion its short to 3.84 and maybe lower. Follow me.
Hi friends. Lets look at OMGUSDT chart window. Small sells above 3.2 too small for trend reversal... my opinion it's correction to 3.05 - 3.15 there we can purchase for better price. I mark all interesting levels in the chart window and write about my seen of this situation. Levels thanks to X-Lines script. Follow me)
Hi, Traders ! Monfex on the air !
This time we have something very special for you - OmiseGO (OMG) - an Ethereum based decentralized banking and exchange token. It has been lying on the bottom for a couple of last weeks, but is now showing ambitious signs of recovery.
* OMG has demonstrated a period of positive price movement until the end of June 2019...
Looks rough but what you got to think, this cannot last forever. Hang fire until the Dominance of BTC (73 now) comes down. Lower these go the more opportunities you have. Have this one on your watchlist, strong performer in the last run and could get some good moves.
OMG / BTC
The downtrend moves to the flat (accumulation zone of positions) after the accumulation of the asset will move to the first level of fibbo 78.6
The deal is designed for a long-term period of 1-3 months
Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 19.14% PROFIT!!!
The increase in price may also be explained by positive developments including:
I'm bullish on this project. Two mainnets coming out - Cosmos and OMGPlasma mainnet.
Cosmos "Hardspoon" 1:1 for OMG holders.
DEX capable of 1bn+ trades/s.
Mobile wallet (I think Ethos wallet may be better though, Ethos and OMG team close so maybe something there..), real implementations already in use, real partnerships.
Very professional for a crypto...
OmiseGO (OMGUSD) has been dropping since the beginning of this month and is now back to the support level around $9,00.
If price reacts and rallies from the support area, we can expect it to reach the resistance area around $13.
Once price reaches $13, we can expect some reaction to the downside.
If price continues to drop, we can expect the drop to continue to...
This is just my second T.A and I think eventually it could at least hit $100. But it is going up very fast and I think we are still due for a large uptrend and hit support around $25-$30 or something like that (I haven't checked the order books yet that's just a guess). Honestly I think we are due for $30-$50+ after announcement and implementation of Plasma.