OMG Pair Analysis
Updated
OMG is still in Downtrend and waiting to breakout.
OMGUSD
1) First wave from ATH to 0.5fibo. Support 6.4
2) Second wave from 11.51 to 0.618fibo
support 6.98
Predict : Third wave from 9.63 to 0.786fibo Support 7.0
LONG buy in position 7.0-7.2
Stop loss 5.6 (20%)
Target : 10.5 -11.50 ( short term) 60%gain , 16.5-17.5 ( long term) 150%gain.
If it drops before 7.0, next huge support 6.0 which is unlikely to happen.
OMGBTC pair
Support fibo0.382 Price 0.0132
Support line Price 0.00121-0.00124
Stop loss : below 0.00120
Target Back to Mean 0.0025-0.00259
Welcome to follow.
OMGUSD
1) First wave from ATH to 0.5fibo. Support 6.4
2) Second wave from 11.51 to 0.618fibo
support 6.98
Predict : Third wave from 9.63 to 0.786fibo Support 7.0
LONG buy in position 7.0-7.2
Stop loss 5.6 (20%)
Target : 10.5 -11.50 ( short term) 60%gain , 16.5-17.5 ( long term) 150%gain.
If it drops before 7.0, next huge support 6.0 which is unlikely to happen.
OMGBTC pair
Support fibo0.382 Price 0.0132
Support line Price 0.00121-0.00124
Stop loss : below 0.00120
Target Back to Mean 0.0025-0.00259
Welcome to follow.
Note
BTC fall and OMG is stable. OMG 7.6 is support now.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.