This is an incredibly buillish sign. I'm seeing things all over the market preparing for a huge boom and omg is showing incredibly bullish characteristics with a tripple bottom and each time it wicked down it tapped the 200day moving average with what looks like immediate rejection also loving so much positive volume
#OMG 🚀 Big Picture Price Update: January 21, 2024
Good news for OMG! It broke out of a downtrend and is now on an upward trend. In the long run, it could reach 6.27$.
Here are some positive signs from the chart:
A rising 20-day average, suggesting bulls are in control.
A bullish divergence between price and RSI, showing momentum for the bulls.
A bullish...
chart says it all!
This is a Classic Huge cup and handle on the daily timeframe. Volume aligns as it should and the pullback looks great.
OMG was a huge contender in the past so i'm very excited
💎 Paradisers, turn your attention to OMGUSDT, as it showcases a significant setup in the demand zone, enhanced by a recent Market Structure Shift (MSS). This formation indicates a strong likelihood for a bullish trend.
💎 Examining OMG's pattern, OmiseGO has a consistent history of surpassing its descending trendline, indicating potential upward movements. At...
LSE:OMG will make you say OMG if it breaks out of this falling wedge, a good target would be $1.5 which is the 3D 200MA level, the falling wedge target is actually higher, but if you are looking for a potential 148% profit, this could take time but a little spot bag wont hurt, try buy between the two green lines because we are in a ascending channel pattern which...
If you subscribe to Elliott Wave theory, this chart indicates the presence of a terminal impulse wave, suggesting that the price could potentially rise to approximately $0.9.
SL: the head of wave 5
Please ensure to double-check whether Wave 5 within the terminal impulse has concluded or not. Best of luck with your analysis, and remember to do your own research (DYOR).
My prediction for OMGUSDT is that the current uptrend will continue and as the price reaches the bottom line of the zone, it will face a resistance and drop down to the bottom trend line.
The zone is based on the daily chart.
This is one example of how the price might move in the 2H chart when applied FIB retracement levels.
However, price will not move so...
"As we enter the bullish season, the initial target to aim for is
target : 10 .
This is based on a combination of technical analysis indicators and market trends.
However, it's important to approach trading with caution and adapt to changing market
conditions.
Keep an eye on key support and resistance levels, as well as any significant news or events that...
