- MA supports uptrend. - MACD supports uptrend - RSI bullish - wave doesn't really meet criteria, i'll give it a pass (wave 4 retraced to wave 1 slightly) - fib targets are green boxes GL
Let's take a close look at OmiseGO (OMG) for a quick trade. This is a very strong coin which is available on Binance, Poloneix, BitFinex, Bittrex and other exchanges, so this trade is available for everyone basically. OMG is a very active coin and it has been seeing positive upward action for a while now. We just bounced from the support line of an ascending...
Possible breakout trade here on the OMGUSD markets. Buy zone up to $20 for this one should it develop into an nice little bull run. Feel free to discuss this trade idea with us .
Hey everyone! Another Idea is here! The last OMG Ascending Triangle has sucesfully broken out just like on my Pattern! I am still really bullish on OmiseGo. Hope the number of arrows is not confusing, again I tried to make it simple, so anyone is able to understand the Chart properly. Buy - 1 650. Target - at least 2 100. If you agree or dissagree comment...
All support lines are broken. We have approached and touched the local minimum zone with the bounce from it, but we can still dive into with the head/ After which the wave will punch and breakout the channel.
art shows how BTC's bleed dragged OMG coin down with it. OMG is currently trying to hold support level at 140,000. That support has already been broken and fib retracement (not shown in chart so as not to clutter) suggests next support level at 130,000. Hence it would be wise to place some orders between those levels. Once BTC recovers, a reversal is expected...
OMISEGO looking to breakout soon, might be longer than hoped though. Chart showing an Ascending Triangle, marking possible bullish movement. If support levels are broken, stop loss is advised. Overall Market is currently a sea of red, holding back any possible tremendous growth. If market begins to pick up again across the board, OMISEGO predicted to go a...
BITTREX:OMGBTC Hi everyone I see a point to buying a not big position OMGBTC, SL on 0.00157 . Next position will be opened after break up line of resistance 0.00178
After finding the support at $5, OmiseGo went up to almost $30, resulting in a huge 445% growth in just over a month. Obviously, $30 psychological round number has acted as a strong resistance, which is also confirmed by the 261.8% Fibonacci retracement level. While the $30 resistance is respected it is likely that OmiseGo will correct down towards either $20 or...
OMG has formed another cup formation. I published a chart on Dec. 31st showing that OMG had formed a nice cup shape. OMG went on the form a Cup and Handle formation which it broke out of on Jan. 7th. IMO OMG will break out eventually, it could be soon or OMG may continue sideways to form a handle.
Following-on from its successful launch and fantastic run-up in the Crypto markets in the second half of 2017, $OMG has been able to quickly establish itself as a kind of "non-controversial" token, which most Crypto Currency enthusiasts accept as one that has a very good chance of delivering on that coveted promise of "Real World Adoption". OmiseGO has many...
Looks like OMG could be forming a bit of a longer consolidation pattern before continuing on. Looks to be moving in one of two possible channels which are marked. Retracement of last wave hit the 50% level nicely and the pattern is forming lower highs and higher lows. I've indicated a couple of possible sell targets in red. Good buy zones could be either at the...
MACD about to cross indicating that the price is wanting to move higher and RSI forming Positive Divergence both of these things are support upwards movement. What needs to happen next is that the price needs to break resistance level and downtrend line which would give strong signal of upward movement. Partial of the profit should be taken near to the previous...
I'm theorizing that as the Kijun (yellow) line crosses over the Tenkan (blue), we'll see a TK cross that will result in a mild bear run if the cross happens above the cloud. Keep in mind, this is on the 4 hr standard so we may not see the bear for a few more days. I'm predicting some good OMG buy opportunities. Keep eyes on the MA 50, 100, 200; they are all...
It's sideways now wich is good for another day trade, could take hours or day
This is a short term trade. The price bounces from the support zone formed by SMA50, the uptrend line and 20.00 support level. RSI confirms price reversal. MACD supports upward movement. Pending orders for buy can be placed at 23.20 level. Stop orders should be at 19.50 level. Profit target should be at 26.00 and 30.00 levels.
Omisego seems to have met its target and is back to more "confortable" areas and regain strength. It is well known all the work that this company is doing in Asia and no doubt its future is bright, however for now my chart shows me that it needs to return to its support areas. As always my idea depends strictly on the respect of the angles, so the breaking of any...