@JUN_Omise & Thomas unbanking the banked at Global Brain Alliance Forum (www.crunchbase.com …) today in Roppongi Hills, Tokyo: 'The Future with Decentralization - Revolution by #Ethereum & #OmiseGO ' & 'The Value of Open Financial Networks ($ OMG!)
OMG looks to be setting up for a possible breakout to new all-time highs. OMG has formed a nice cup formation and could be in the early stages of forming a Cup and Handle formation. I am looking to add to my position (which I should have done yesterday) so now I will add on any meaningful pullback.
OmiseGo looks to be breaking a key resistance level anytime soon. From this, we may see a medium-term increase to the $20 Mark where will we see some resistance and consolidation before another movement upwards. This is quite a big move for the cryptocurrency, however, the market has been growing at an exponential rate as more Media outlets are consistently...
In my opinion, OMG looks like it is setting up for a breakout and possibly a test of the all-time high.
OmiseGo signaling a potential uptrend which should approximately be 20-40% if we bounced back from the support that we are currently at. MACD also indicates an upcoming uptrend. Orange - Resistance. Pink - Support. As always trade the lines accordingly.
On a larger timeframe OMG is in a channel On the 15min TF it broke resistance with good volume earlier today, found resitance on the 10$ mark and retested previous resistance that became support Volume is declining and it's consolidating at the moment IF 10$ resistance break we got a buy opportunity TP should be 10.5$
Looks like OMG is finding support and has been in consolidation for quite some time. There has been some accumulations of large amounts of OMG as shown in the volume. Entry at .00081-.00076 Stop Loss: Pay attention to the last support levels at .00065 and .00060, I am doubting we will reach this point. Some very big potential gains here for OMG, any news will...
STOP-LOSS : 7.50$ Take-Profit1: 8.75$ Take-Profit2: 9.20$ Take - Profit3: 10$ // Long term Good luck folks
Most is explained in analysis. Short Swing Target: $9-$10 USD Medium Target: $15-$20 USD Stop Loss: $6.7USD Low Risk:High Reward Trade.
Trade is long after we break the resistance in the wedge.