OmiseGo (OMGBTC) is one of those big altcoins that tend to produce big trading volume on a daily basis.
Right now, OmiseGo is sitting at number 32 on the list of Top Altcoins by Market Cap.
This list is available on CoinMarketCap and now lists over 2116 cryptocurrencies. Less than two years ago it was below 1,000... The market is growing FAST!
Now, back to...
Alt Coin Analysis - Points out of 10
Date : Since 2017 ( 3 / 10 )
Volume 24 H : 4000 BTC ( 5 / 10 )
Available Markets* ( 8 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **24 ( 9 / 10 )
Website ( 7 / 10 )
Type The OMG network is a scaling solution for finance on Ethereum -0.34%
Overall ( 6 /10 )
One of my biggest bags is OMG. I have been accumulating from...
Buy in: 0.000330 - 0.000350
Stop loss: Close weekly candle below 0.000290.
Straight to the point.
This is a trade signal.
Consider supporting us by hitting LIKE before or after you collect the profits.
. OMISEGO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
. There is a possibility of temporary retracement to suggested support zone (0.0109 to 0.0094). if so, traders can set orders based on Price Action...
Closed above a decent S/R level on the weekly
Weekly volume + Momentum up
It's squeezing again, not sure how it affects it
I'm not closing 100% of the position on the first target, around 50%-60% that is, and taking profits on the rest of the levels
$OMG Retested breakout from the descending channel & now its trying to break over EMA50.
It also cut the weekly descending trend that has holding price since mid2018.
Volume has been increasing over the last days.RSI rising & MACD about to bullcross.
No signal from UCTS yet. #OMG
We took an entry off this support the other day, although still in a down trend we are optimistic of this retrace turning into a mid term reversal.
I can see a short term supply zone here between the 50-618 retracement from that last drop so imo thats going to be the area of interest to break, if we get indication that we cant push through we will drop our order...
Commodity : OMISEGO
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1 Week
Investment in trade : 10% of the total Trading Balance.
Prospective Profit :...
At the 4-hour timeframe chart we can see a nice bullish flag formed after consolidation and correction period finished.
Technical analysis is great as well as fundamentals. We can see majority of indicators become bullish and the reason is the volume grows and the price made a break out of the local triangle. Moreover there is a hidden bullish divergence of...