hi traders: OMGUSD is showing great price action for reversal up move. We see price has been in this down trend since mid August, and slowing push price down to the previous lows. We then see price developed into this inverse Head and shoulder, had its LTF bullish push up and formed continuation correction. Since price has already broken out, then good to...
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...
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...
Hello? Hello, traders. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- If it falls below the downtrend line (5) or the uptrend line (3), it is a short-term Stop Loss. We must see if we can ascend above the 3.6802 point. It is...
Prediction for OMGUSD This is in line when most exchanges starts using OMG as a L2 to help ease out ETH congestion, which Bitfinex has already done so, successfully! All other ERC-20 tokens will also take advantage of it already. This makes OMG an essential Layer for ALTS Crypto market growth. OMG has already started its bullish formation, and will trend upwards...
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...
Lately OMG's been matching the downward trend perfectly, using it as both support and resistance. We'll see what happens as we churn toward election day.
Hi everyone, I am back with a quick update for two of my favourite coins. There will be a more in depth analysis, but right now I am super busy and I don't have time for a full write up, so here is the gist. What we saw on the 17th of august was the first wave up of the larger cycle. We finished our w,x,y,x,y,z correction, and as you saw from my most recent omg...
This may take a couple days to play out. It should rebound from the $3.60 mark up to between $3.90 & $4.33 is it's a bullish bat or crab for a quick in/out trade. I'll be putting in a sell at $3.89 to make sure I'm out. Quick profit, the big opportunity is when it hits the D. The drop to D should be $2.75ish if it's a bat. $1.33 if it's a crab. You'd want to...
OMG update 45 min update --
sell OMG when break out dash 2/1 line SL 3.25 TP dash cross 1/1 + 2o pips trade base on Gann Fan on gann fan trading sell setup need to find swing low and draw angle 45 degree trend line then mount gann central line 11/1 to dash 45 degree line then wait price break below line1/1 line and break out 2/1line then will find swing high again draw 45 degree trend...
Expect a downward breakout towards $2.4 levels