In the past half a year OMG pumped a few times, the tops are usually 100-90 days apart.
As seen from the previous pumps, it moves fast, moves strong.
I expect a huge pump in the upcoming weeks, as omg continuous it's parabolic rise.
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It rose with support at the uptrend line (3).
We have to see if we can ascend above the 3.6802 point.
A break above the uptrend line (4) is...
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Today we will talk about OmiseGO (OMGUSD) and its price action + wave structure from Elliott Wave perspective.
Some cryptocurrencies were in a massive and impulsive rise since March and one of them is also OMGUSD, in which we clearly see a five-wave bullish cycle into wave A/1 on the weekly chart. We know that after every five waves, a three-wave...
Good evening everyone. I hope you caught my link play, and were able to get out with a decent amount of profits. I am back with another play, this time featuring OMGUSD.
I have really enjoyed OMG these last couple of weeks. The wave structure is looking really clear, and it is a lot easier to read than some other coins like ETC.
Elliottwave analysis: If you've...
Good Morning to Those Who Sleep in Late
Just a quick review of OMG on this Canadian Thanksgiving weekend. So it looks like we can casually see that OMG has been on a gradual upwards movement each 90 days showing a nice 30% price increase during these periods and the angle of assent has been a somewhat reserved 22%. I believe we can see OMG continuing this pattern...
Ok, well here is more conservative and fundamental approach to predicting a future price which calculates the daily percentage increase over the history of the chart, which is .63 % increase per day. This measurement eliminates the anomaly of the spike in price in Sept. which should not be included in our calculations.
Now if we extrapolate our percentage...
Good day chart lovers and those who believe they can forecast the future while the Gods laugh.
This is a rather simple analysis of OMG/USD since its inception where I have measured the time in days from peak to peak. Here is an approximate of those numbers. Period #1. 108 days Increase 31.8 % Period #2. 100 days Increase 25.8 % and Period #3. 100 days Increase...