As You can see, with Correction on BTC, we've got the same on OMG. We need to observe moves on both currencies.
For the last peak at 9.9$, I think the Wave3 doesn't finish yet. From 9.9$, OMG retraced nicely to 0.5 fib area, time to go up more. So it would be nice to continue Wave 3 along the orange line. Next Target: 11 - 11.2 Stop Lost: 8.5
It'll feel nice to be back in the 10's again.
We found ID/NR7 on daily chart and price hold above EMA20. BUY @8.1 SL @7.4 TP @9.9
Hello Trades, OmiseGO/Doller now in daily correction mode.Now we can do short-term trade for complete the daily correction then we will analyze the price for buy setup.
OMG after a big consolidation period in the Demand zone now moving on the upppside,, And believe me this coin has potential of reaching $50 very easily ... Market reversed from Demand zone ( which is 0.618 fib level) breaking the Blue line confirms the BUllish cycle.. buy orders can be placed above $9 Target levels are above the all time High at Fib extension...
It looks like strength has returned to the hibernating OmiseGo and that price is ready to ride the Bollinger Bands to the previous high!
@OmiseGo consolidation, ascending triangle, MacD crossover set-up on the 1 Day chart. Great swing trade opportunity for ~30% gain.
@OmiseGo consolidation, ascending triangle, MacD crossover set-up on the 1 Day chart
Trade open. Target's are the .25 and .382 extension levels (blue lines on the chart).
Great buying opportunity if price reaches the desired long target as specified within the chart. Keep in mind it's important for it to reach it before we will see more buyers! A break of trendline at 9.3333 and this pair will skyrocket upwards!