OMG
The right time to determine the direction!Hi, Traders ! Monfex is at your service !
Please find below our Update on OmiseGO (OMG) - an Ethereum based decentralized banking and exchange token.
* OmiseGo is currently ranked 48th largest coin based on its market cap which is around $112 million.
* OmiseGo is one of the few outstanding projects with great potentials. As at the time of writing the coin is currently valued at $0.80 per unit.
* OMG has made its first attempt to recover and pull away from the bottom, reaching $0.95 on the 09Oct'19.
* Currently, the price is wedged between contracting trend-lines, while with the next attempt to break higher, OMG could reach $1.08 - $1.14 level.
* Considering that this crypto is mostly used for speculations, the new bullish momentum could catch up lots of eager traders to enjoy short-term profit occasion.
* MACD bullish divergence is intact and hasn't been discharged yet.
Active trade signal
Buy @$0.75 - $0.80.
Target: $1.08 - $1.14.
Stop-loss: $0.73.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
**OmiseGO: Is there a lifetime chance to get rich?**Hi, Traders ! Monfex on the air !
This time we have something very special for you - OmiseGO (OMG) - an Ethereum based decentralized banking and exchange token. It has been lying on the bottom for a couple of last weeks, but is now showing ambitious signs of recovery.
Pros
* OMG has demonstrated a period of positive price movement until the end of June 2019 backed by an expanding network.
* While the token has gained a somewhat doubtful reputation as one of the original ICO unicorns that has reached a $1 billion market capitalization, but was not supported by a real product or comprehensive token utility.
* That means the speculation tendencies may preserve in OMG in the nearest future.
Cons
* OMG's utility is still the factor of concern among investors. Fundamental indicators are also vague.
* OMG is primarily bought for speculative reasons and, sometimes, for expectations of future value. Thus, the selling pressure is usually heavy here since most traders want to be the first to leave the sinking ship in a hurry.
Trading strategy
* OmiseGO recently shows confident signs of recovery pulling away from the bottom.
* Considering that this crypto remains particularly speculative, the new bullish momentum could catch up lots of eager traders to enjoy short-term profit occasion.
* MACD bullish divergence strongly support our Long idea.
Thus, we have decided to:
Buy @$0.90-$0.91.
Target: double in value = $1.80.
Stop-loss: $0.75.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
$OMG, Trying to flip ~11.1k sats level into support with volume$OMG
Trying to flip ~11.1k sats level into support with increasing volume..
UCTS Buy signal active on the 12H chart & lower TFs
RSI at overbought (bullish)
If continuation happens, then aiming for ~12.5k sats (~14%) as 1st target
SL under support just in case..
#OMG
Today`s ALT!!! OMGBTCBINANCE:OMGBTC
Exchange : Binance
Coin: OMGBTC
Buy Zone: 0.000103 ~ 0.000097
Target Point: 0.000107 / 0.000113/ 0.000118/ 0.000125
S/L: 0.000096
Risk: MIDDLE
Term: Long
It has made small Inverse H/S
The Volume is almost down and trying to break Neckline
It`s time to pumping !!
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Today`s ALT is that information is raised regardless of the Coin market situation
So sometimes there`s a high risk trading
Investment is your responsibility.
I'm just providing about coin`s information
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OMG have a look at OMG/BTCIf you like large returns on your investment, think about getting a bag of OMG.
$OMG, Crossing above ~11.1k sats resistance level with volume $OMG
Crossing above ~11.1k sats resistance level with volume flowing in...
Crossed above EMA50/Ichi cloud
UCTS Buy signal across all TFs
Aiming for 12,5k sats as first target..
Every retest of prior resistance/support should be used to add into this position.
#OMG
OMG/USDT (1D) The Price Is About to Break out from Bullish WedgeThe price is about to break out from bullish wedge, RSI is on the floor. Zones of interest and targets are on the chart. Good luck everyone!
OMG/USDT LONGSignal
OMG/USDT
BUY
Open 1.0575;
SL 0.9950;
TP 1.2469;
Risk/Reward: 1/3.03
Breaking the downtrend line. Stoploss will turn out small. Also below the level holds a round digit ($ 1).
OMG - 153 Days Of Bleeding. Buying Opportunity?Looks rough but what you got to think, this cannot last forever. Hang fire until the Dominance of BTC (73 now) comes down. Lower these go the more opportunities you have. Have this one on your watchlist, strong performer in the last run and could get some good moves.
$OMG, Ascending triangle pattern$OMG
Lets bet how much time takes to break from here as any other coin the market right now....?
Ascending triangle pattern
UCTS Buy signal on the 12H
RSI & MACD rising
Volume slowly rising..
As targets ~14k // 15K // 17K
#OMG
OMG/BTC (1D)Zones of interest and targets are on the chart. Good luck everyone!
DISCLAIMER:
This is just my opinion and view of the market. Please keep this in mind and consider in your trades.
Hit "Like" if you like my analysis. That would help me to understand if you really liked it :-) !
Trading ideas are not trading recommendations - this is just my point of view. You can agree or disagree with it.
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Good luck everyone!
$OMG- Elliot Wave Pattern Completed, There Will be No New Lows!see cryptoplanet.cash for more free analysis!
Let me know what you think of this analysis in the comments or message me on Instagram! @crypto_planet_vip
OMG - Huge Gains IN This From 136 Days Of REDWith the market being red. When this turns around. You can imagine some good gains within this from 136 days of redness.
Again be careful we suggest a tight stop and be careful with your risk.
$OMG Reached ATL BTC support for a 2nd time at around 11k sats$OMG Reached ATL BTC support for a second time at around 11k sats..
Volume decreasing + Bullish divergences in the MACD & RSI could be signalling a bounce from this level similar to what happened some days ago (15% bounce...)
No UCTS Signals yet but may be a good R:R setup
#OMG
OmiseGo Full Chart Analysis + AlanMasters TOP Signals DetailedOmiseGo (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.
OmiseGo (OMGBTC) Chart Analysis
Here we are looking at the chart for OmiseGo (OMGBTC) on Binance. We are going to be looking at it from late 2018 until today and focus on the main signals that I look for to find out bottomed out altcoins, or in a potential reversal zone.
It is all pretty simple and easy, and we use the same signals almost always as they work pretty well in general, but we also know about chart patterns, candlestick reading, price action, and so much more...
Bullish divergence on the MACD (purple arrow). Notice the price of OMGBTC going lower. Now look at the MACD (the first indicator below the chart) and notice the price moving up... That's it, bullish divergence.
MACD Bullish crossover (green circle). On the same indicator, the MACD, notice how the MACD (blue line) crosses up the Signal (orange line), I call this bullish crossover... Most likely it has another name in the books but this one easily gets the message across.
RSI hit oversold and is trending up. The last indicator at the bottom is the RSI. When it goes below 25 we call this "oversold". This is a buy signal on its own.
Low volume. Volume is still low, this is a bearish signal. You want to see above-average volume when you see a bounce of this type... But this can also mean that volume will come up later and that there is still lots of room left for growth.
Break above EMA10. We use EMA10 (green line) as the main resistance/support (depending on where it is sitting compared to the price action). Below EMA10 = Bearish. Above EMA10 = Bullish.
These are some of the basics, you will see these over and over and over. I came up with these by looking at the charts for hours and seeing how the candles and indicators behave, then practiced to see if I made the right conclusions... I made it all up.
In another trade idea, we can take a look at candlestick reading which we also use commonly.
Feel free to leave a comment, follow or like if you enjoyed this content.
Namaste.
OMG/USDT - Long on Reversal - HIGH RISK
From the Local top we have hit the 236
We have since pulled back to previous structure
Looking for a 1.618 move to the upside - accumulation area during the drop to local low
TP2 would be the 200 SMA on the 4H Chart
STOP is aggressive resulting in an R:R that is not ideal so tighten up the stop under the 20 SMA and lower your position size if needed.
This is Never Financial Advice - Just a analysis