Análise em Português/BR (English version below) A OMG vem de um incrível período de alta de 570% realizados em 14 dias, e começou a fazer sua correção nesta última quinta-feira, dia 17/08. A onda corretiva A parou em cima da linha de 51% da retração de fibo, correção esta que poderia ser ainda maior em função do tamanho da alta eu esperava que chegasse até os...
OmiseGo looks set for another move up after this consolidation period.
OMG COULD BE FORMING A HEAD AND SHOULDERS PATTERN, DON'T HOLD AS TARGET IS LONG, AROUND 3.6997
If OMG continues to respect the uptrendline, a jump is imminent.
Could be a good entry point. Predicting another significant upward trend in the next 24hours.
OmiseGo seems to be in an uptrend and it looks like some flag formations are forming - a shorter one and a longer one. Not sure which of them will become the "real" flag, but the pattern can be interpreted as a trend-continuation pattern. The chart shows also that OMGUSD seems to work very well with my Jeddingen Divergence v4 study - the signals that were...
On the 4H chart the 200 period MA was strong enough support to send price soaring through downward trend line resistance. - Momentum traders will take the ball and run this up to new highs
Price bounce twice on uptrend line Watch chart for confirmation of uptrend Trade can be taken on 1. Bounce of uptrend 2. Break of $8 resistance If uptrend is broken, OMG starts to range between support and resistance or change of trend to bearish TP levels 8.80 9.50 11.00
Watching uptrend line Mark support and resistance levels If support level is broken, becomes new resistance level. 4hr chart still show uptrend We wait patiently to make sure OMG still in uptrend with confirmation 6.00 level broken new chart will have to be posted. TP levels based on fib levels 7.32 7.73 8.14 8.72 9.46
The first thing I notice in this chart is that there seems to be a reversal pattern taking place. OMG has reached it's highest high, and has started receding. Drawing out the fibonacci levels for future reference, as to find the resistance levels, we see that the 50% fibonacci level of around $7 was tested again, and this will be the bottom for the bearish...
rising wedge + bearish RSI divergence indicates price will fall
I see the opportunity to BUY OMGUSD it is going up to 9-9.5$ area as the graph gain many buyer it probably making new high today Trade with care If you like my work please help to follow and like Thank you
Based on the 1H chart we can draw a pennant chart pattern. It's a continuation pattern and we should expect for further upward movement. Pending orders for buy must be placed at 8.74 level. Stop orders must be below 7.80 level. Profit targets are 9.50 and 10.00 levels. If the price drops below the bottom line of the pennant, we'll see downward movement to the...