going long on OMGits been a brutal week and i'm well aware this could go south once more to test a major support so chart your own and use proper risk management because i'm not a financial analyst or advisor
OMG
$OMG to $9-12 in the next 2 weeks? + Longer term view$OMG is looking good here. I think tomorrow 3/20 will be the pivot that will start $OMG on it's path to $9-12 over the coming weeks.
Then I think in April-May timeframe, we will likely see the whole crypto market retrace which I think could send $OMG back to test it's original breakout point around $2.74-$3.64.
From May onwards is when I expect $OMG to really run and I'm targeting somewhere between $18-$26 then.
Update on my original idea because I was off on my timing and pricing. This makes more sense to me now.
OMG - OmiseGo 350% growth potentialCurrently market is offering an extremely good risk/reward opportunity for the OmiseGo. As long as the support is respected, price can jumpy my 350% in the next couple of months.
OMGUSD BUY/HOLD #BLESSSEDPIPS Great support held back in the $8 buy zone , next stop $13 dollars
#BLESSEDPIPS
OmiseGo - Buy a break setup.OMGUSDT - Intraday - We look to Buy a break of 10.52 (stop at 9.86)
Daily signals are bullish.
A break of bespoke resistance at 10.50, and the move higher is already underway.
Bespoke resistance is located at 12.50.
Bullish divergence is expected to support prices.
Our profit targets will be 12.37 and 13.37
Resistance: 10.50 / 11.40 / 12.50
Support: 9.50 / 9.00 / 8.50
OmniseGo can climb a bit before choosing your own wayAfter the recent decline from panic selling OMG attempts to climb again, some big buyers are still betting on crypto OMG while the average buyers had taken some fearful benefits even from the decline in bitcoin.
At the moment there seems to be a wind rising on the OMG and probably, helped also by a market sentiment quite toned, OMG will try to climb up to the targets designed to end its run in all probability around 12.70 where it will have to decide and take a breath to make more jumps ahead.
My advisor generated a LONG input signal at a price of 10.53 USD with target 12.70 that actually seems compatible with the obstacles present in the chart.
The advisor has always generated reliable signals on omgusd, we hope that it is also this time.
You can view all signals generated by my advisor at marketmiracleadvisor.com is a free educational service and without any registration required.
What? #OMGThis is a fib extension price target. No financial advice again as I am still waiting for my degree in Finance but need to enrol in a university first.
So what is OMG?
Below is taken from CMC
OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.
The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of.
The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.
OMG vs ETHas I expected, the price of ETH reached 4400.
I expected it, I did the math to "calculate" it.
it is in my idea related linked below this one, check it out.
about this one...
IMO OMG could reach 80 USD.
so, If you DO NOT know what to do or expect from ETH now, you should consider checking all the other ideas I had about cryptos and consider switching to one of them that haven't yet seen the rise to +200% from their ATH in 2017
i CAN NOT assure you specifically this one will reach 80, neither it will stay on the green channel, neither holding this when seeing -40% (it could, it's crypto volatility :D), tho, as I said in a previous analysis,
i have put the STOP LOSS AT 6.5 USD (considering my entry point at 11 USD, its almost -50%)
in the end, trade, do it, but with something you can afford to lose.
AND... pls: use stop loss. in the crypto's world prices can rocket down as fast as they rocket up.
Equitable Setup OMG/BTC ConfluenceOMG/BTC is developing a lot of confluent signals right now.
First, on the daily:
- MACD bullish divergence ushered in a nice rally showing bullish convergence on the follow through
- Peak of rally formed X on a potential bearish crab or butterfly harmonic pattern
- A and C of harmonic have the potential to form the third rising valley, ushering in the C to D wave
- C on the harmonic corresponds to a historical support/resistance where the chart made a major peak in a previous cycle
Then, on the 4 hour chart:
- Bullish divergence on both oscillators (RSI & MACD) ushered in the A to B wave of the price harmonic
- Heading towards C about to go negative on MACD, looking for a negative peak of MACD island at C for a mostly positive C to D wave
I think trading C to D is very equitable and I will be setting:
Entry: 0.00017832 - 0.0001975
Stop Loss: 0.00017347
Take Profit #1: 0.00023607
Take Profit #2: 0.00024624
Take Profit #3: 0.00027349
Take Profit #4: 0.00033471
This is not financial advice and I am basically an idiot fingerpainting. I'm not at all telling you to do what I do.
OMGBTC TO THE MOON!OMGBTC Breaks a long term supply zone and with a pullback to it start it's jump TO THE MOON!
$OMG, YTD new high on increasing volume..$OMG (signals popping everywhere.. )
2D UCTS Buy signal confirmed yesterday (usually strong)
YTD new high on increasing volume..
Looking for a R/S flip at ~24k sats as signal of continuation toward ~35k + levels
~250 away from 2020 highs
May work out but have patience
#OMG
Coins to HOLD for long term with great potential!!!(In persian)BINANCE:ETHUSDT
BINANCE:OMGUSDT
BINANCE:EOSUSDT
KUCOIN:DSLAUSDT
🚀🚀🚀🌕💥💥💥💥
Entering OMGUSDChart your own because I'm not a financial analyst or advisor. And use proper risk management.
OMG LONGBreak the ceiling in weekly and daily timeframes
In my opinion, with a few candlesticks, the stabilization above the resistance can be broken, as well as completing the pullback, gradually moving towards the goals drawn in the chart.
A good entry point can be the red-colored range marked
moving average 200The analysis is based on BTC
In 1 day time
With strategy
moving average 200
Be profitable