Beware of false breakups. Bitcoin's target is still around $ 6100. So this drive can be a bears trap. Attention to the indicators. Buy Stop-Limit at $9.8 Sell Limit at $10.195
The bull flag trade I initiated last weekend is starting to play out perfectly! With the announcement that the hard spooned Cosmos OMG tokens will be tradable and stakable, I believe that people will be FOMO'ing into OMG to essentially receive double the tokens. There will be an announcement 2-weeks prior to the airdrop snapshot, and OMG holders will have to...
OMGETH has broken out of downwards channel and looks like it could be starting its wave 3. This probably wont make a huge amount of difference to the US$ price until ETH and BTC start a new rally upwards. Then the leverage against them will send OMG price soaring to the moon ;)
Coin of the day is OmiseGo. OmiseGO is an open payment platform and decentralized exchange issued on a base of Ethereum technology. The OMG network is a scaling solution for finance on Ethereum, 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...
We got Divergence and it's looking good to buy. keep maintain money management in all trades. Thank you
Although OMGETH seems to be back on the up. The same cannot be said for ETH and BTC in the short term. There is a large (bullish) falling wedge with a potential ABCDE triangle inside. It may be possible to scoop up some OMG for $4- $5 in the coming weeks before we break out of the triangle. I for one will have a buy order sitting there just in case it...
Everything is perfect for a new elliot 5 waves. Rsi s shows to up. Ellit ABC correction is over 2 days ago. This is not an investment advise. Please take your own risk yourself and research. Thanks
Summary: Hold cash in your trading funds for a breakout to the upside and hold your investment positions. Trading on margin is a fools game in this market it's screaming short squeeze. We have been in a Bulkowski's Descending Broadening Wedge formation for the last 8 days or so. According to the rules for a long term bull market we have touched the bottom of...
OmiseGO OMG - Strong Breakout - News About Hard spoon - Opportunity For Good Profits Buy at : 0.00123000 - 0.00126000 Target 1 ; 0.0013000 Target 2 ; 0.0013700 Target 3 ; 0.0015000 Target 4 ; 0.0019000 Target 5 ; 0.0020500 News from Official Twitter twitter.com Good Luck!
After further analysis of the Bull Flag chart that I posted yesterday, I have decided to place a buy order at 0.0205 for a swing trade on OMG/ETH. I believe that there is pent up demand and interest around this project that will lead to a parabolic increase in price once more information is announced regarding staking, partnerships that are currently under NDAs...
OmiseGO is one of the strongest projects in the market. It has already use cases and the possible Coinbase entry take this beast to the moon. As you can see on the chart, I marked the area that I will look for an entry. 0,5 fibonacci level has been a good support so far for the price. But I'm willing to wait for either market stability or a bounce of 0,618...
quick update from last chart. it sits still within the channel and happy to hold till target reached.
OmiseGO Community is anticipating news next week and has been holding its ETH ratio in a very bearish market. For these reasons, I remain bullish in the short term and plan on trading this pair. If there are any announcements of partnerships that were previously under NDAs once their ewallet SDK goes live on Honte, I plan to play a . Look for a bullish break...
There is some coins out there which are holding well with BTC dropping little by little.
Look out for a possible break from triangle formation.