I'll keep this one short.
OMG looks really bullish in Daily.
I am buying at the current levels and will be accumulating till $8.5 if it gets there again.
Because of its recent BOBA Network Airdrop peo [ple sold the news after the snapshot and since the price plummeted 56%+ without any proper bounce after making a high of $20.17.
RSI is also in an oversold...
I have created a private indicator in TradingView, and for OMG OmiseGo the signal just flashed on the 4H.
Buy signal at 10.464
Target1 : 15.222
Stop loss : 9.857
This is not a financial advice, this is for my own learning purpose.
Will we see the result in the near future(2-3 weeks).
In case of BTC breakdown from here, OMG doesnt have any good support until much further down, so might be a good short opportunity! However, volume is low and possible reversal also in the cards. Target's on the chart!
OMG went on a run only to get nuked into a region of heavy support. BTC is expected to drop a touch before continuing back up, so I expect OMG to drop a touch as well yet before going for another hike. Good time to get in.
OMG airdrop is coming. And the funding rate very good. It will pump tonight and cross 20 . So buy here and hold for 3 days. you will make good profit.
BUY: 16.4 OR BELOW
SELL: ABOVE 20
STOP LOSS: 14.1
Enjoy your profit.
OMG/USDT is getting ready to breakout. I am getting some OMG on my bag.
Entry: $16.55 to $17.05
Stop Loss: $15.11
Add more at the dip and do not use high leverage.
Note: Do not use high leverage and accumulate the dip to average the entry. This is not financial advice. I have done my own research and trading at my own...
This analysis states that we would pick up an entry, why the entry would be picked is cause majority of the alt coins follows BTC and according to BTC movement, there will be a fake out then a fall, not only that the region of entry for OMG is at a resistance point and i expect some kinda harsh rejection