I thought this had finished a complete 5-wave but it still has the last impulse wave to go.
OMG Brock flag pattern and going up to test 1.618 fibo level ,
After my last analysis of OmiseGo (OMG) exactly happened like I've predicted it – even if there were some "lol" & "rofl" in the comments – I think OMG is now ready for the next move up. Bulls holding up the price on the current level since hours. On Bittrex there is ( update : was) ONE BIG buy order of 50.000 OMG at $15.13. Weak hands sold over the last hours...
OmiseGo is testing a resitance level, it is safe to buy when it closes above the resitance.
As we see on our graphic , master fibonacci says that 15,67 is a very important level during this sell off. It is 0.382 level of our historical low and high prices.Usually in a healthy correction price may fall till fibonacci 0,382 and 0,500 levels. In our case, a daily close over this price going to prove that it works as a support.
A W Double top happening on the 30 min chart OMGUSD
Safe Entry Closing above 8.2 Resistance at 11.3 Main target : 15 $ You can hold for long term If it goes down : Support 1 : 6.81 Support 2 : 6.1 and 5.6 area Good luck
It can be seen that all the lows are higher than the previous one and all the highs are the same, this indicates a possible serious upward breakout
Wait for confirmation to enter this trade or you can risk it now Targets are shown,, up to 22$ for 100% profit Good Luck
Sold my position at the following values as it rose. Misread the initial pop obviously thinking it was the peak of a downturn. Thinking rebuy at high-mid 12s even? Thoughts? It's extended even for a cup/handle right?
We finished wave II right at 61.8% fib level of wave I. I speculate we're in the beginning of wave 3. Projected targets for wave III and V are $15 and $20 at minimum.
Bollinger bands look good, RVI does too. This might be close to the bottom before going back up yall.
OMGUSDT chart is showing an ascending triangle and Also it formed a double top pattern. If the resistance at $9.87 breaks, the price will go up very fast. The pending buy order should be set at above $9.9 and the stop loss should be set at $9.2. Since there is another resistance price at $10.52, the first target should be placed there, and the second target will...
OMG after retracement going to new level at 9.3$ with pullback to 0.618 of bullish movement 8.89$
OMG possible breakout after building support at the fib line. Be ready for it to either drop or for it to shoot up toward the next line.