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OMG

Good luck trying to catch OMGBTC's parabolic riseThe title says it all. OMGBTC is extending the parabolic rise it started in May, this time on an even more aggressive manner as just in August alone it has gained +500%! It has even broken above the multi-year bearish trend-line of Lower Highs and the 1D RSI is on an Ascending Triangle. Typically it is very difficult catching such aggressive rises, the MA50 won't be touched until the very peak. I believe the best shot we have entering this is once (if) contact is made with the 1D MA20 (yellow trend-line). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> @scheplick
Long
by TradingShot
8
OmiseGo Goes for 250%+ In Days (Project Overview)OmiseGo (OMG) Overview OmiseGO (OMG) is a public Ethereum-based financial technology for use in mainstream digital wallets. OmiseGo enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. Designed to enable financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network and digital wallet framework. Omise, which serves business customers in Japan, Thailand, and Indonesia, currently operates an eCommerce platform that lets companies take payments from customers online. It has a full-featured white label payment management platform for these businesses. With OmiseGO, and the OMG token, Omise aims to simplify the barriers to payments by removing the need to own a bank account. ---------- In the past two weeks OmiseGo (OMGBTC) has been printing really strong growth. All of the major EMAs that we use as indicators have been conquered, meaning that prices moved and closed above these levels. After such strong bullish action, it is easy to see a retrace... After the retrace, support can/will be established, and then another jump... This process can continue for long. Thanks a lot for your support. Namaste.
O
by AlanSantana
7
OMG/USD Seeking Higher Support Following A 225% Rally In 7 Days OMG Network is among the most improved cryptocurrency assets in the month of August. OMG rallies 225% in a week but it is miles away from hitting its all-time high around $29. OMG Network has become the cryptocurrency of the week following a massive rally that seems unstoppable. In the last 24 hours alone, OMG has increased in value by more than 78% to record a monthly high around $6.6. According to the data provided by CoinMarketCap, the crypto asset has rallied 225% in the last 24 hours. Before the breakout, the price was stable in a range between $1.00 and $2.00. The lock-step trading in this range was seen to dominate the months of June following a reversal from pa sharp spike to $4.45 and July. Although August commenced trading in the same range, the price action quickly turned ballistic in the second week. At the time of writing, OMG Network is trading at $6.28. The prevailing price comes after a minor retreat from highs at $6.60. Meanwhile, buyers seem to be building on the bullish momentum and more rapid price actions are expected in the coming sessions, especially the weekend. According to the shorty term technical picture, OMG/USD is poised for takeoff to higher levels. For instance, the Moving Average Convergence Divergence (MACD) is currently hitting highs around 0.45. In addition, there is a bullish divergence above the MACD (0.0059) that reinforced the impact the bulls have on the price. The bullish trend is also illustrated by the Relative Strength Index (RSI). The indicator seems to have embraced support at 70. The continued upward movement hints that OMG is entire in the hands of the bulls. OMG Network Intraday Levels Spot rate: $6.21 Relative Change: 0.48 Percentage change: 8.02% on the day. Trend: Bullish Volatility: Expanding
OLong
by CoinGape
3
OMGUSDT AnalysisPeople who bought OMG on July 20th from MOON signal, enjoy your 85.57% PROFIT that you made in 1 month! There is also green cloud present as a buy signal. If you are holding OMG, do not hurry to sell since there are no sell signals present. Also, the candle has open closed at above the support level (2.78) for 1D. If you want to sell, you can wait for EngineeringRobo's sell signals or you can sell when the support level turns (2.78) into resistance level. If you want to buy, there are 2 BUY signals present and the candle has open-closed above the resistance level (2.78) and it turned into support level. You can buy right now but please watch out for EngineeringRobo's sell signals after you buy.
O
by EngineeringRobo
3
Here We omiseGO Again! Why Buy High?#OMGUSD has gone vertical, following along with the recent surge in capital flowing back into alt coins. As usual, there is hype everywhere, no different than when Bitcoin was pushing toward 20K back in 2017. Human nature is what drives ALL financial markets and it does not change. I write this to offer some technical perspective and clarity in order to help you make a more RATIONAL choice when you observe a chart that looks like this. (Have you seen Kodak stock?) The 3.00 area is a significant resistance that dates back to over a year (look back on your chart). Just like Bitcoin, the probability of selling activity is high here. The EFFECTIVE behavior here is to partial out of a winning position (if long from lower prices) and let a small portion run to see how far momentum can carry this thing. If you are not in, the LEAST effective behavior is to buy into this now, thinking it will run to 10, or some other number that the hypesters are hyping about. The herd is what drives the price, while the smart money (those who operate with some form of valuable information) capitalize on their reactions. Charts and technical analysis can provide ways to measure risk and prepare for higher probability opportunities IN ADVANCE. The low 2.00 area is the current support point that is in play. Meaning, IF price retraces from current levels, the most attractive location in terms of probability is this the 2.00 area. Smart money waits for these, and assume no risk in the process. If you are a new investor, and you find yourself consuming "news", "fundamental stories", and advice from inexperienced and self proclaimed authorities, you are much more likely to act irrationally. And it is this irrational behavior that drives the herd mentality. Learn to recognize the market from the behavior perspective. Charts serve only as a starting point.
BITFINEX:OMGUSD
by MarcPMarkets
15