OMG - OmiseGo forecast
Frame: 1D/ 4H stop downtrend and there is minor uptrend.
Short time: minor upward, refer zone BUY and SELL
368 - 380
STOP LOSS: under 360 sats
OMG - OmiseGo basis Information:
OmiseGO (OMG) is a public Ethereum-based financial technology for use in mainstream digital wallets....
$OMG Recovered from Bitcoin pump and now its testing ~450sats weekly resistance/EMA200.... Breaking from it would lead to a big movement!.
UCTS buy signal on the 1D ( 35%+ in profit)
Volume increasing consistently
EMA50/100 as support
RSI reaching overbought levels
$OMG update, Looking good..
UCTS Buy signal on the daily (Over 40% in profit.. Amazing week!)
Volume at really high lvls
Crossing over EMA200 or retesting ~450 succesfully is key for continuation
RSI Stoch bullish div
Falling below ascending trendline is a warning!
$OMG Retested breakout from the descending channel & now its trying to break over EMA50.
It also cut the weekly descending trend that has holding price since mid2018.
Volume has been increasing over the last days.RSI rising & MACD about to bullcross.
No signal from UCTS yet. #OMG
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,...
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OmiseGo ( OMGBTC )all i can say right at the bottom and all time low. Its in huge correction since 23rd april 2018 when it did high of 0.002543.
I would recommend to take entry now, atleast 5-10% of your portfolio funds.
RSI 29 extremely...
Megalodon Pro Automated Trader is giving short term buy signals(orange) on hourly time frame.
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Based in the market we are in now, i can see OMG drop a little more considering that BTC will be dropping more in the near future. If we dont break out this wedge here, we will keep dropping.
If you dont know BAKKT is coming out and the big players will be trying to accumulate BTC low.
Play safe and ride the trend :)
$OMG has been riding this daily support level for a while now. Looks like a good place to start building a long position. Green box represents buy zone. Good R/R. Will update position accordingly.
Average Entry: ~.000500
Stop Loss: ~.00381
First Target Price: ~.0019
Final Target Price: ~.00129
Risk/Reward Ratio: ~5.6