On the M30 chart of OMGUSDT.P a there is high probability of 5 Elliott down cycle completion with multiple bullish divergences on the AO indicator. Going long with targets in ABC zigzag.
Price broke and retested a significant zone, creating a bearish N wave formation. All three moving averages gave me two conformations and an entry signal
I released my analysis here, everything was ok, SEC released a report against Binance and many other cryptos. One of those cryptos was OMG that is why OMG was dumped, but I am very happy that OMG pumped after just a week. I was looking for this pump exactly when I published my analysis. As you see there is bullish divergence, when RSI crosses MA14, a bullish move...
In the fast-paced realm of cryptocurrency trading, keeping a keen eye on technical indicators and price patterns is vital for gaining valuable insights into potential market trends. This article delves into the recent achievement of the OMG/USDT crypto pair, which closed above its 9-day Moving Average (MA 9) this week. This milestone signals a bullish sentiment in...
OMG has seen a very bullish week after 3 months of selling. BTC saw a break out and OMG followed. This analysis assumes that OMG has bottomed and will not see new lows in the future. This idea is supported by the fact that OMG lost over 97.5% of it's ATH value and is currently seeing a bullish divergence led reversal. Target at the all-time highs, around 20. Stop...
On weekly timeframe OMGUSDT has been reached to a valid demand zone. In addition we have a RSI positive divergence.
OMGUSDT was trading in bearish trend and reached at strong support zone. In past this support zone has provided good reach to upside. If previous pattern repeat this time , a minimum of 12% gain is on the table.
i would activate a long term swing contract from price 0.585 just wait and see;)
As you can see OMGUSDT is in a demand zone in weekly timeframe, Rsi Divergence and an 1.27 fib extension are spotted as well. Wait for a trigger. Please write in the comments, what do you think about this position? Remember: this is not a signal it is just a potential opportunity that is found by me, you are responsible for your loss and profit.
MEXC:OMGUSDT.P Currently Testing 15M TF Resistance Zone , I Have Explained My Possible Trading Set Up In The Picture.
Hi, dear traders. how are you ? Today we have a viewpoint to BUY/LONG the OMG symbol. For risk management, please don't forget stop loss and capital management When we reach the first target, save some profit and then change the stop to entry Comment if you have any questions Thank You
PLZ DO NOT SELL MY SIGNALS 1-Apply your own risk management. 2-Daily and Weekly Targets 3-Hunt the profits at any level you see convenient for you. 4-Grey Zone for entry, 5-Red Level Exit by OCO 6-Yellow levels are targets. have a good day guys.
but an Acending triangle forming any wayout i will know what to do
the long was triggered three days ago and Sl still availavble
With the divergence playing out, with a Target at a higher FVG and with no volume on the OBV we might get our entry fiilled
Potential Bullish Entry Dow Theory In Place - Higher High and Higher Low Expected in Place Formation of DOUBLE bottom coupled with bullish divergence (Bullish reversal pattern) SL & TP Levels are defined.
OMG had around 57% sharp drop ,ready to go upward around 25-30 % targets on chart,as well stop loss
#OMGUSDT Time 4 hours of positive data divergence And I think the 1-hour timeframe is currently falling/short and reaching extremely strong support in the price range of $0.955 and then it can rise. What do you think?