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...
OMGBTC OmiseGO / Bitcoin 1D BITTREX up to 20FEB19 Trading Analysis (TA)
1D Chart, OmiseGO (OMG) has been diving below 100/200 MA signals, MACD Histogram and 60 RSI since May 2018, after a third deep under 30 RSI, this could be the impulse needed to brake over the 100/200 MA signals, which is the optimistic approach, but remember "In this business if you're good,...
Could be breaking up from a long descending channel and falling wedge.
Buy signal from the UCTS was triggered several days ago in the 6H chart (5% up). RSI & MACD looking good.
Volume is strong (following the market momentum). Breaking above EMA50 is a trigger. #OMG
$OMG finished full 2 year cycle and now price moving sideways. Clearly it's an accumulation phase.
There is a clear bullish divergence on daily RSI and MACD.
$OMG has comparably low supply, big community support and strong team.
Buy - green. Sell - red.
It's not a financial advice.
Trade carefully and good luck!
OMG - OMG/USD - Omisego Update - Daily - Neutral
Range set after catching support at ~ $1 (1.08)
Top of range 1.53
VOL ATR indicator - short, but 1.12 price appears to be on the lower half of range
Omisego is at its resistance around 1.08 and looking like it possibly could make new lows or respect support and test the resistance again
Comment what you believe to see
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OMG OmiseGo OMG/USD weekly
down trend testing 2017 ranges
currently testing bottom of local range 1.08 - 1.53
appears 1.08 support held, waiting for confirmation
median of local range and test for move up resistance 1.30
Top of range 1.53
final support at 1.02
ATL support .31