Brokeout of rising channel back from Demand zone+0.5 F lvl If breakout then going to next Demand zone+0.786 F lvl
I blew this trade so bad, I was studying the white papers on OMG in early August when it was about a $1.20.... It got put on hold because nothing moves this fast and I have a stack of white papers I wanted to get thru. One day I thought about it and looked it up and I said O My God, it was 8 dollars. Then it went higher, and higher. So this is where discpline...
First and foremost, it's too late to chase it!!! -Prime entries were points 2 and 4 on second set of elliot waves in purple. - Fibonacci levels are respected and projected here in this analysis. -Stoch RSI is turn up. -OMG has a great presence in the market. Do not be suprised to see this coin rally for new highs. I keep it simple. Let's see how my analysis...
General trend is up. Entering at the pull back, on its way to its upper channel. Target as described. GL!
After the addition of the OmiseGo/Bitcoin pair on Poloniex a few hours ago, there was a big pump raising the price by more than 20%. Although premature, it looks like it may be consolidating into a pennant before a further climb to the blue box.
OMGUSD is showing a fairly clear double top reversal to me right now. no guarantee, but I highly doubt in the shorter term that it will break the hard ceiling at ~$13.60. target prices are shown in the chart - first tp is the more obvious support level, second tp is a potential target based on the pattern projection.
Binance Listing: 12pm Beijing time Apple event: 10am PDT if apple event is a disappointment -> dump
OMGBTC is growing up so fast (+3000%). Price is moving central in a bullish channel. 20 days moving average support line is 'the' crucial line!
Ascending triangle patten in BITTREX:OMGBTC . Could see a 15-18% increase to continue the up trend.
There is a bearish pennant chart pattern across all cryptos that began on Sept. 8, and has now broken out. What’s remarkable is that it’s occurring across all cryptos. This suggests to me that there is a move underway, which will affect all cryptos. Specifically, I’ve already written about the Bitcoin tsunami, where I am expecting a correction down to the...
BITFINEX:OMGUSD I'm a bullish on this altcoin due to several factors: 1) Technical factors: Present: Price above the kumo (cloud). Past: Recent TK crossover, chikou span above price action. Future: Bullish Kumo 30 bars ahead. 2) Fundamental factors: Partnership discussion with Google going on and rumors that Taiwan's banking system will be...
A pennant pattern has formed, and it appears a breakout is confirmed. Target: $15.50
OMG has 1 bil. market capitalization but 2 bil. is very well possible in a long run while downward trend seems unlikely.
Omisego recently made new highs. The question is, should you buy this level? I personally do not like buying at new highs, because the chance of it rolling over is high. Often time you will find new highs will be followed by a retrace back to multiple previous support area. But at these level, opportunities are presented if you can identify them. Here I see a bat...
OmiseGo has jumped up quite a bit in the last few hours so you could concider a pull back to a support at some point. However, I cant see any other indicators that would stop it from continuing long. Its created a nice head and shoulder pattern along with the flag poll. People have seen it pump up quite a bit recently so has a strong reputation. Im expecting at...