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OMG 1D The graph shows critical volume, what does this mean?It has been a long time since we have had an idea for OMGUSDT. It is not very interesting for trading for us, probably, because of small daily trading volumes and low liquidity in the market. Nevertheless, today we are going to describe some scenarios for the lovers of OMG, because who knows when we will have time to describe this pair. The most important thing that you should see and pay attention to on the chart is a burst of trading volumes. In the OMGUSD pair, it occurs precisely on changes in the direction of price movement. We have visualized the main changes on the chart. Yesterday we had another critical volume, so buyers should be alert. Also, the daily candlestick made the false-break-down of the level of $9.50 , like in August 2020, and you can see what happened next on the chart. So, there are 3 scenarios: 1) Maybe by the end of the week there will be a shot of the price up to the area of $10.70 , but here you decide whether the game of candlesticks 2) Below $8.60 there will be room to fall to $6.60 . If there buyers will buy back the falls and there will be a positive view of the crypto market, then you can dream of a scenario with the renewal of this year's high) 3) Continuation of falling below $6.60, to the area of $5 _____________________ Do you like the idea fulfilment? Does it help you trade and make a profit? Do you want more forecasts from us? Give us motivation! (Like, comment and donate). These little things won't make us rich, but they will warm the trader's soul while writing the next idea!
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by P_S_trade
31
O. M. G. SHORT SQUEEZE WITH WEAK KNEESIf you are at the top of that DOUBLE TOP... Be ready for DCA and start being more strategic with your moves in the market. Hopefully, OMG is not setting an example for where the market is going to be heading. I know, overall, we have been trading very well for the past few weeks, and some of us are getting cocky. If you have been trading Crypto for a while, you know this is normal, and you pretty much shrug it off, but for some of the newer folks out there, I'm sure you are freaked out. All I can say is be patient and trade smart. All of you have a good one and good luck.
OShort
by Ashton_M
4
OMG/USD - BOBA Airdrop TODAY pumps OMG 30% in a day!OMG will do the airdrop in less than a few hours. The airdrop will take place at 00:00 on 12 November. See airdrop window on the chart. Expect some crazy price action. Some predict a massive drop after the airdrop since those hedging on futures will need to sell their spot OMG and buy on futures. We pumped 30% and now we seem to correct a bit. Most of the action will likely come just before the drop. Get your popcorn! :) Like and follow if you liked this idea!
OLong
by DU09
10
🥚 OmiseGO - C&H, handle breakoutThe price has formed Cup and Handle pattern on higher timeframes, resistance of handle has been broken, and the price is now heading down to retest the upper trendline as support. Entry: buy in one of the buy zones (green boxes) there are a lot of ways to approach this. - buy full position size now(current price) / or start scaling in - buy once 15.39 is claimed on a local pullback if given / or add more - buy once ath level is claimed on a local pullback if given / or add more - buy if the price falls back down to the formation and reaches its bottom Targets (will be adjusted as the time goes) 18.01 22.11 28.43 34.64 38.65 48.07 55.84 ----------------------------- About OMG: 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. Source: coinmarketcap
OLong
by V0VOLAN
5