Technical analysis: OMISEGO/DOLLAR is in a Range bound and Beginning of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 65. Trading suggestion: There is no trend in the market and the price is in a range bound, but we forecast an uptrend would begin. There is possibility of temporary retracement...
OmiseGO (OMGUSD) has been rallying the last week and is now between support and resistance areas. If price continues up, we can expect a reaction from the resistance around $20. If price drops down to the support around $13, we can expect a bullish reaction with a possible move up to $20. If price breaks the support, the next support area is around $9.00. Good...
A good idea for investments given the team's effort and the speedy release of PLASMA
I was just going over some chart and, admittedly, the OMG daily chart looks best by far. We are trading both of above the MA50 and MA100. EMA 20 is rising and may break above the MA50 soon. Entry levels may be around the recent high of 17.5 USD or 13.2 USD being the 0.5 retracement. Mid term exit target could be 35 USD where we will meet the top of the 3rd...
At OMG we can see an EW-movement, which I´ve drawn in primary cycle. It is now the question if the last corrective wave has already ended or if we´ll see a new low at about 6.30$. At the peak of the ascending triangle we´ll see the new direction. Whether it turns up - then the corrective wave has ended and we´ll see a new trend (green arrow). Or it turns down -...
Omisego is one of my favorite Criptocurrencies. Right now is showing an ascending triangle, pulling back from the first wave, the retracement touched the .618 fib to continue the ascending pattern. This currency is skyrocketting the market and will grow exponential. Disclaimer: This is not a financial advice.
Tools used: Bollinger bands CM Super Guppy Chande Momentum Far out of Bollinger bands, expecting heavy retracement back to possibly 0.5. Guppy trend shows that this would not be a good buy right now. But could that be a factor that should be ignored if this was an accumulation phase? Scaling in orders from 0.001249 makes the most sense, perhaps higher,...
OMG has had a nice run. My largest positions are still open. If support breaks (shown on chart), we will have the opportunity to buy lower. If the current support hold, I am confident we will see another leg up. In the latter instance, I'll add another position. Note - the current support is significant. This price level has dictated resistance and support at...
Just want to make a short post. I'll present here the daily chart. Price broke above kijun and cloud while also showing a possible TK cross. Extremely bullish in my opinion because OMG, I believe is one of the few cryptos to have a kumo breakout on the daily!!! Added here is the 4 hr chart. As you can see, price is above the kumo but we already knew that from...
Coin of the day is OmiseGo. OmiseGO is an open payment platform and decentralized exchange working on a base of Ethereum technology. The OMG network is a scaling solution for the finance sector, enabling transparent, peer-to-peer transactions in real-time. The company slogan is "Unbank the Banked" and the stated objective is to provide better financial services...
When a chart forms a "Double Bottom", the price should go up as much as the height of the triangles. Target: 0.00171 BTC Not an investment advice, please do your own research.
OMGUSD is a buy on pullback to 11-12 Area. SL around 7 & initial Target 20-22 Area.
These last couple of weeks have been great if you’ve been following OmiseGO. There hasn’t really been any deception in the OMG/ETH chart and the swing trade I opened last week has developed perfectly up to this point. I’ve closed 20% of my initial position at 0.025, and my second sell order for another 20% closed at 0.0285 in the middle of today’s rocket of a...
Fundamental news helped lift the trend but the trend is downward
The meandering price action of OMGUSD (OmiseGo) based on its 1hr tf is captured in this analysis using an ascending triangle chart pattern. The width of the triangle (vertical black arrow) is ~$9.82 - $7.92 = $1.90. Possible target area for price after a breakout above the horizontal line of the chart pattern involves vertical projection of width of the triangle...
OMG BTC BINANCE 1 HOUR, EXPECTING A RETRACEMEMENT OF 20-25%!