OMG
OmiseGo Prints Bullish Divergence [OMGBTC](52% PP)OmiseGo (OMGBTC) is one of those big altcoins that tend to produce big trading volume on a daily basis.
Right now, OmiseGo is sitting at number 32 on the list of Top Altcoins by Market Cap.
This list is available on CoinMarketCap and now lists over 2116 cryptocurrencies. Less than two years ago it was below 1,000... The market is growing FAST!
Now, back to OMGBTC... Let's take a look at the chart:
We can see that support was broken, purple line sitting at 0.000352, but the price quickly bounced up after that.
We have increasing overall volume.
A break above EMA10.
And bullish divergence showing up on the MACD and RSI.
These signals can support a nice set up for a trade.
REALLY IMPORTANT: These signals are good and can be strong, but know that the market still moves on its own. So the signals can confirm and this become a profitable trade, but they can also breakdown and a loss can be generated from this trade.
So it is a good set up, but still there is risk involved.
Please keep this in mind, before you put your money into any coin.
Thanks a lot for reading... Here is your trade:
Trade: OmiseGO
Buy in: 0.000350 - 0.000370
Targets:
(1) 0.000430
(2) 0.000450
(3) 0.000470
(4) 0.000550
Stop loss: Close weekly candle below 0.000320.
Capital allocation: <10%.
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Namaste.
There is a trading opportunity to buy in OMGETHTechnical analysis:
. OMISEGO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0109 to 0.0094). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0109)
Ending of entry zone (0.0094)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.012600
TP2= @ 0.014460
TP3= @ 0.015640
TP4= @ 0.017010
TP5= @ 0.018210
TP6= @ 0.021220
TP7= @ 0.024260
TP8= @ 0.031190
TP9= FreeThere is a trading opportunity to buy in OMGETH
Technical analysis:
. OMISEGO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.0109 to 0.0094). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.0109)
Ending of entry zone (0.0094)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.012600
TP2= @ 0.014460
TP3= @ 0.015640
TP4= @ 0.017010
TP5= @ 0.018210
TP6= @ 0.021220
TP7= @ 0.024260
TP8= @ 0.031190
TP9= Free
OMG - OmiseGo have a minor go upOMG - OmiseGo forecast
Frame: 1D/ 4H stop downtrend and there is minor uptrend.
Short time: minor upward, refer zone BUY and SELL
OMG/BTC Binance
BUY zone:
368 - 380
SELL Target:
420
443
452
473
STOP LOSS: under 360 sats
***
OMG - OmiseGo basis Information:
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.
@TrungVuz #TrungVuz Trading
OMG ballsy re-entryClosed above a decent S/R level on the weekly
Weekly volume + Momentum up
It's squeezing again, not sure how it affects it
I'm not closing 100% of the position on the first target, around 50%-60% that is, and taking profits on the rest of the levels
Will OMG form a cup? Target date shows Nov 2019 OMG has been in a huge downtrend along with the rest of the market. We can see that it has found a level of support (for now), however, we aren't all that far from the all-time low.
Obviously, there are many paths OMG can take, along with fundamentals being a bit poor at the moment (I don't think the Dev's are delivering on the project in respect to the potential it has/had.
This running is essentially based on the market as a whole turning around and the assumption that we are at a low. There is plenty of room for a further drop so stay safe and use protection!
Retested breakout from the descending channel =)$OMG Retested breakout from the descending channel & now its trying to break over EMA50.
It also cut the weekly descending trend that has holding price since mid2018.
Volume has been increasing over the last days.RSI rising & MACD about to bullcross.
No signal from UCTS yet. #OMG
OMG dailyafter long downtrend channel, finally we saw breakout with high volume
an uptrend can start from current level
OMG what are you doin?We took an entry off this support the other day, although still in a down trend we are optimistic of this retrace turning into a mid term reversal.
I can see a short term supply zone here between the 50-618 retracement from that last drop so imo thats going to be the area of interest to break, if we get indication that we cant push through we will drop our order and look for the next leg down for another entry, if it breaks through creating a higher high then this short term down trend could be coming to an end and we can continue to the upside in a much larger overall uptrend.
Daily Bullish Signal $OMG #OMG #OMGBTC (7 March 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
OMG-BTC Long Trade PlanCommodity : OMISEGO
Trade Type : LONG
Trading Against : BITCOIN
Entries : Double-UP Entries throughout the Buy Zone
Profit Taking : 25% at each TP point
Profit Locking : Move SL to break even once TP1 is hit, to TP1 once TP2 hits, to TP2 once TP3 hits and so on
Duration - 1 Week
Investment in trade : 10% of the total Trading Balance.
Prospective Profit : 6% to 19%
Prospective Loss : 4%
RRR : SL to TP1 is 1.54, SL to TP2 is 2.54, SL to TP3 is 3.15 and SL to TP4 is 4.46
Buy Zone/TPs/SL price points are marked in the chart as follows
Greens - Profit Targets (TPs)
Blue - Buy Zone (Entries)
Red - Stop Loss (SL)
OMGBTC A great opportunity to make profit! Very hot movesAt the 4-hour timeframe chart we can see a nice bullish flag formed after consolidation and correction period finished.
Technical analysis is great as well as fundamentals. We can see majority of indicators become bullish and the reason is the volume grows and the price made a break out of the local triangle. Moreover there is a hidden bullish divergence of price oscillator and price movement which is drawn at the chart
We gave this signal in the premium channel 4 hours ago
The buy zone is 0.000330-350
Free targets:
0.000371
0.000394
Stop loss:
0.000287
Potential BreakoutCould be breaking up from a long descending channel and falling wedge.
Buy signal from the UCTS was triggered several days ago in the 6H chart (5% up). RSI & MACD looking good.
Volume is strong (following the market momentum). Breaking above EMA50 is a trigger. #OMG
OMGBTC Latest Technical Analysis 90% target projection.You can see the Chart of OMGBTC on Daily Timeframe .
It Seems Like correction period End.
I have Mention Support and resistance levels on Chart
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
[OMGBTC](117% PP) OmiseGO Trade SignalTrade: OmiseGO
Buy in: 0.000330 - 0.000350
Targets:
(1) 0.000430
(2) 0.000450
(3) 0.000470
(4) 0.000560
(5) 0.000630
(6) 0.000740
Stop loss: Close weekly candle below 0.000290.
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Straight to the point.
This is a trade signal.
Consider supporting us by hitting LIKE before or after you collect the profits.
Namaste.
OMGBTC 1D BITTREX up to 20FEB19 Trading Analysis (TA)OMGBTC OmiseGO / Bitcoin 1D BITTREX up to 20FEB19 Trading Analysis (TA)
1D Chart, OmiseGO (OMG) has been diving below 100/200 MA signals, MACD Histogram and 60 RSI since May 2018, after a third deep under 30 RSI, this could be the impulse needed to brake over the 100/200 MA signals, which is the optimistic approach, but remember "In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'". At this time the Market Cap is around 132b. Good Luck!
1D Chart, OmiseGO (OMG) ha estado buceando por debajo de las señales de 100/200 MA, el histograma del MACD y la linea de 60 RSI desde mayo de 2018, luego de una tercera inmersión por debajo de la linea 30 RSI, este podría ser el impulso necesario para cruzar sobre las señales de 100/200 MA, que es el enfoque optimista, pero recuerde "En este negocio, si es bueno, tiene razón seis veces sobre diez. Nunca tendrá razón nueve veces sobre diez. He descubierto que cuando el mercado baja y compro fondos sabiamente, en algún momento en el futuro se siente la felicidad. Pero para llegar a ese momento nunca leerá una señal que diga: "Ahora es el momento de comprar". En este momento el Market Cap esta alrededor de 132b. ¡Buena suerte!
“I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico".
REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.