My previous post for OmiseGo (OMGUSD) can be found here: It was mentioned in the previous post that OmiseGo (OMGUSD) had a limited upside potential before bears pulled the plug on the bulls. Price swing from ~$12.76 on April 14, 2018 to a price close of ~$19.50 on April 26, 2018 is identified in this analysis as an ending diagonal (wedge) Elliott wave...
Technical analysis: .OMISEGO/DOLLAR is in a Range Bound and Beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 38. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (12.50 to 10.07). if so, traders can set orders based on...
Technical analysis: .OMISEGO/DOLLAR is in a Range Bound and Beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 38. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (12.50 to 10.07). if so, traders can set orders based on...
OmiseGO (OMGUSD) rallied this morning and reached the resistance level around $20. If price starts dropping down we can expect the support around $13 to hold and the rally to resume. If price continues to trade above the resistance level and it becomes support, we can expect it to reach new all time highs. There is a possibility that the resistance level around...
Expect the best for Omg !!! You will take off for the moon ! Next target : around $20 (pink line)
Technical analysis: OMISEGO/DOLLAR is in an up trend and continuation of up trend is expected. The price is above the 21-Day WEMA which acts as a dynamic support. The RSI is at 55. Trading suggestion: There is possibility of temporary retracement to suggested support zone (13.77 to 11.46), if so, traders can set orders based on Price Action and expect to...
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 $9.00. Good...
Fundamental news helped lift the trend but the trend is downward
OMG H&S most promising currency. RSI oversold. 15$ OMG goes to 30$ OMG 100% for us. GO GO GO. Good Luck.
OmiseGO (OMGUSD) trended downwards after it hit a high of~$24.50 on Jan 7,2018 to the price low of ~$7.00 on Feb. 06, 2018. Price swing from the high of $26.07 on Feb. 13, 2018 to the low on Feb. 06, 2018 is described in the 4hr tf as a corrective (A-B-C) Elliott wave structure (i.e. a correction). Price swing upwards from the low on Feb. 06, 2018 is currently...
Buying opportunity OMG my fav fav coin. Cypher pattern RSI almost oversold. NO STOP LOSS
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.
OMG looks like it may be breaking out of the Cup and Handle formation it has been forming. We shall see if this is a real breakout or just a false breakout.
Vitalik Buterin tweeted somewhere around mid-December of 2017 that his favorite token. OmiseGO Blockchain comprises a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. It is a scalable and totally public (permissionless) blockchain whose Proof-of-Stake consensus is bonded by the activities...
OMG has formed a Cup and Handle and may be setting up for a breakout at any time.