OmiseGo vs Bitcoin (OMGBTC) peaked in September 2017 and it has been going down forever. This is understandable because Bitcoin has been going up forever. While OMGBTC can produce smaller and smaller bullish waves, these are still profitable because Bitcoin is normally growing at the same time and you get the multiplier effect.
I already explained the multiplier...
On the 19-Dec-2022 week OmiseGo hit a new All-Time Low vs Bitcoin (OMGBTC).
This ATL was hit at 0.00005794.
The previous All-Time Low happened early March 2020 at 6000 satoshis (0.00006000).
What followed this previous ATL was a 1,250% bullish wave.
Here is the chart:
That's why I believe hitting new lows is a piece of good news... Because we can't go any...
As seen from the previous mini pump, it accumulated first before the next big pump.
Right now we just saw the small pump and looking like going to accumulate again for a few weeks before the next big pump.
Gains of around 300% are possible.
OMG Network is an Ethereum-based payment gateway that allows you to move any asset between countries, businesses and people. Supported by Vitalik Buterin, Toyota and Tether..
Coin is in now in accumulation stage. Great time to buy.
What's your thoughts?
Omisego vs BTC might be waking up. printing a green dot on the 3 day market cipher this wants to run
you can watch the video how i made it on livestream
#omg
OMG has great momentum vs BTC . We are in a Altcoinseason , the first time in years. Don't underestimate the power of the Trends in crypto. But always take little porfits after such gains. I think it will go more up , but 1-5% profits are ok . Take in btc not $ . $ is out of the game for now.
Gwei is gay
Therefore L2 will supplant and renaissance for adoption cycles
Apply the moores law to crypto relative the present
When do farmers plant seeds?
3 6 9
Omisego appears to break another downwards resistance trajectory.
The second time it broke out it went up by 200%, the first time by 120%! I put a potential resistance line for the next target should the pattern repeat itself.
There's a possibility for some retracement and a bit more sidewards trading. The latest for the breakout would be probably around mid...
It seems ~90 passed between the previous pumps and from top to top the gains increased threefold.
We are halfway through, will this pump again?
Already happened few times, let's see, how this plays out
