OmiseGO (OMG) Top Altcoin (100% Profits Potential)OmiseGO (OMG) is one of the top altcoins, 20th by marketcap and just bounced recently from oversold on the RSI. Last time that OMG bounced from oversold back in early December 2017, it went on a 4x bull run, that's 400%+ increase in price.
Right now the Altcoins market is moving, positive/up, and OMG just bounced from the oversold line on the RSI. I am seeing a 200% earnings potential (100% profits) by looking at the daily chart.
We need the support of the market, if we want this goal realized. So let's take a look, let's see what we can spot by looking at the charts.
OmiseGO (OMGBTC) 100% Profits Potential Trade by Alan Masters
*** TRADE INSTRUCTIONS
Buy in: 0.00114 - 0.00129
OmiseGO (OMG) Targets by Alan Masters:
(1) 0.00144
(2) 0.00164
(3) 0.00178
(4) 0.00195
(5) 0.00227
(6) 0.00247
Stop loss: 0.00109
Next support:
(1) 0.000980
Capital allocation: 5%
Time: As long as it wants.
*** RESTING IS PART OF THE GAME
You can work, as much as you want.
You can train, every single day.
You can run, for miles long.
You can pray, to do so often is always ok...
But remember that resting is also part of the game.
Namaste.
OMGBTC
OMG For The Push Into BullLooking like a retest of support and then OMG can take off. First stop is going above MA50 / 200 EMA and then hitting the fib levels. We've already had 2 touches to resistance and 2 to support. One more to break resistance and we should be seeing some nice increases come August if BTC pushes up as well.
OMG swing trade ideaOMG/ETH and OMG/BTC show similar trends.
RSI, MACD look promising.
VFI still in the bear territory - not much buying yet.
I wonder if/when it gets a volume spike. So far slowly grinding up.
Use a tight stop in case the bear scenario plays out. Although my bet is on bulls. The bear scenario isn't bad either - just stop out, wait for the double bottom, rebuy.
If it goes up, the previous resistance seems like a good target - it was tripple tested in the last cycle. In that case, probably three waves up, maybe four (forth being double top?)
Empty volume nodes above previous top level, so if it bursts above, it could fly very fast.
Fundamentally, OMG is strong in Asia. It has good adoption there. I'd say good long-term candidate.
Plus, the ticker is nice ;)
OMG/BTC bounced backPrice increased in the last days and it was somehow expected to climb towards the median line (ml) after the false breakdown below the median line (ML) and below the sliding line (sl). Only a valid breakdown below the median line (ML) will announce new lows. However, a valid breakout above the median line (ml) will send the rate higher.
OMG/BTC pressuring critical supportOMG/BTC is challenging the sliding line (sl) and the median line (ML) of the ascending pitchfork. A valid breakdown below these lines will open the door for more declines. The next obstacle will be at the 50% Fibonacci line of the descending pitchfork
OMG/BTC valid breakdown?A valid breakdown below the ml will signal a further drop towards the downside 50% Fibonacci line of the ascending pitchfork.
OmiseGo Go Go!Cycles are a huge part of trading. We are always on the lookout for clear indicators of reversal near the bottom and top of ranges. OMG has seen a clear breakout from near the bottom of it's range. We recommend entering with a tight stop loss due to the current risky position of BTC 4.20% . Make sure you manage your capital - we recommend investing no more than 3% in this trade.
Buy: 9.4
Target 1: 10.29
Target 2: 12.12
Target 3: 14.58
Target 4: 18.4
Stop Loss: 8.3
OmiseGO (OMG)OmiseGO (OMG)
After break out symmetrical triangle fail to reach $28 target of this pattern after that creat to us Rectangle channel and move on it the good this we have it from $8.XX and gained good profit at last wave.
So what now is Omg ready for a new green wave is ready to create new ATH this year?
This can happen if market back Bullish again
but from chart we can see
Omg have a good Demand Area At $ 9/6
Omg touch $9.55 "Uptrend" and bounced, really we was wait for $7.75 as the entry but anyway our long trade from $8.XX still active
As long Omg still have more to do, and the bullish market will help her to do that
For you if you look to buy
$11.5
$10.75
$8.5
this levels is good as buy point for long-term
your Stop if Omg close weekly below $6
at this case Omg back under darkness levels
Your targets
$12
$15.20
$21
Invest more after breakout Rectangle channel
Targets
$26
$30
Invest more after passed Old ATH
Targets
$37
$41
$46
Mega_Bullish
$53
$66
Invest:5%
we ask Allah reconcile and repay
OMG
Omg-Have-a-trip
OMG-what-That-mean
$Omisego, $OMG One More Bounce
Weekly
Looking at our trend timeframe we see price has broke our potential uptrend started on December. Stochastic RSI showing momentum is nearing bottoming out. Expecting price to drop towards 120000, where we could see a potential double bottom at this level.
Daily
Shifting over to our pattern timeframe we see price forming lower highs and lower lows. Stochastic RSI showing momentum is heading towards the downside and price is following. Shown above are two potential support zone, deepening on how much momentum the bears gain we can be seeing a drop towards 50000 where we could be seeing a double bottom as well.
OmiseGo (OMG) I'm bullish on this project. Two mainnets coming out - Cosmos and OMGPlasma mainnet.
Cosmos "Hardspoon" 1:1 for OMG holders.
DEX capable of 1bn+ trades/s.
Mobile wallet (I think Ethos wallet may be better though, Ethos and OMG team close so maybe something there..), real implementations already in use, real partnerships.
Very professional for a crypto project.
Good chance Plasma solves Ethereum scaling issue.
OmiseGo:
cdn.omise.co
Plasma:
plasma.io
OMGUSD 20%-30% Short OpportunityThere's a very lucrative opportunity walking around in your neighbourhood.
Now are you gonna be the one who waits patiently for it to knock on your door or are you gonna be the one who grabs it by the collar and reels it in?
Now on to the technicals:
Since BTC broke a major support line that has held for the better part of the year. Now even Perma-bulls have no alternative but to accept the obvious fact that we are in a bear market at least for the mid term. OMG has been in a Triple Three Corrective Wave for this entire year and is finally on its last leg.
This gives rise to a very lucrative opportunity and I'm all up for such easy trades.
Let me be very clear. This is a position trade. Meaning we only start and end the trades if it comes into our scaled order zones. Do not go ALL-IN. Only the orders that get executed go on for this ride.
Enter Short in the range of $9.94 - $10.42
Conservative Target: $8.0 - $8.5
Aggressive Target: $7.4 - $8.0
(Use protection, a Trailing Stop)
I'm expecting the green or blue box to hold. If both fail then your guess is as good as mine for the bottom targets.
Now let me be the Devil's Advocate and talk about why these targets might be challenging.
I don't expect the whales to just gives us the BTC targets of 5k-6k.
I expect many bull traps along the way. That means OMG too will spike occasionally and make failed rallies (which is why the protection).
The most important obstacles is that OMG has two airdrops coming up. If the dates are announced in between of our trade then it will most definitely spike and take our stop out.
Godspeed
________________________________________________________________________________________________________________________________________
I'm not your Financial Advisor and this is not to be construed as Financial Advice but I can be your Legal Advisor if you can afford me.
OMG - ready to explode! (short and mid term trade setup)OMGBTC POSSIBLE TRADE SETUP:
OMG is currently in the final phase of correction. Indicators are showing some nice bullish signals, meaning we could see trend reversal anytime soon. It formed double bottom patteren and bounced right up to 0.618fib resistance.
Also take a look at beautifull trend channel which is respected from early december 2017! This channel represents very strong area of value. Currently at the bottom of the channel. So, let me ask you-is it better to buy at low levers or at high levels? Low levels, of course!.
Givean all that facts, i believe that OMG has a lot of potential to hit some high targets on MID TERM (up to a month, maybe more).
Short term does also look quite OK, currently at 0.618 fib (strongest fib support) and formed tripple(!) bottom at same area.
Possible trade set up shown on chart.
For short term i suggest you use stop loss given on chart, for mid term I do not believe you need SL, we will keep you updated during the run!
I suggest you play OMG as a MID TERM trade. Stick to our targets. Join our telegram group and follow us on Twitter for updates!
Join our new telegram group for Crypto discussion, we are willing to help with everything crypto related. Doing TA for any requested coins, posting detailed TA and signals, learning other members about TA!
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OMGBTC spot a trade opportunityTA:
- Structure support well with a fakebreakout and tail
- Falling wedges breakout trade (conservative)
- retracement golden zone with structure support
- indicator indicate the wave 2 is end with OBV raising and divergent
TP:
- even is 3rd wave formation but I be conservative due to the multiple resistant structure that hold strongly
Conclusion:
I would like to breakout the structure resistant, but I got anthoer setup which may serve better possibility. Based on the RR I will tp for 100% wait for the chart tell you story for next action.
TRADE with RISK MANAGEMENT!!!
I am an individual trader, based on personal analysis.
Welcome to share your ideas and let's improve
OMG 4HR Buy ZoneOMG approaching a key support level.
The purple lines are resistance/support.
The orange are the trend lines.
Here's a quick run down:
- Volume is looking good and is declining.
- MACD is looking to swing onto the bull side.
- Candles are still getting rejected to by the 10 EMA but despite that, all three of them are getting close to catching up with the 4 hr candles.
Most importantly though, the RSI tends to bounce from 25-30 and currently it's around 43 so it still has some ways to go. (I've been using RSI a lot more over the last few months as it's been very useful.)
The buy zone I've indicated between 1450 and 1370 is where I'm looking to scale in and buy some OMG.
OMG another leg up sooner than laterOmiseGo is soft touching an ascending trend line, is in the pitchfork mid area, the only thing it needs is to cross above EMAs 10-26-55 and close the candle above them in the daily Chart. It's growth has been a sustainable one so I don't see other reason than a bitcoin price action reason not to have a healthy growth in the short-mid term for OMG. Modest Target should be the average line of the pitchfork in the mid run, that's over 300k sats.
It also needs a lot of more volume and buying pressure to sustain the uptrend, but this is not outta ordinary situation in the actual market panorama.
Can it go lower? yes, everything can turned out different in the next 12 hrs, at 6hrs chart it has support by Ichimoku cloud so the odds it can bounce from that point are good.
OMG cycleI believe that OMG has good potential and this is a prospective project. On the chart, we see an interesting pattern (the upward cyclicity of this asset) where I drew two variants of events that are completely dependent on BTC. I am considering the long position for this asset, but so far in standby mode.
OMG READY TOOO BOOOMM?!?!?!??!we can buy now its on button channel if you want have safe buy you can buy on 20 on Bullish breakout Signal . we have 4 target . Have Fun Good Luck:)
OMISEGO: NEW PARTNERSHIPS & EXCHANGE LISTINGS - PROFIT = 19.14% Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 19.14% PROFIT!!!
The increase in price may also be explained by positive developments including:
September 5 2017: Omise partners with McDonald’s Thailand to provide seamless payment experience for online and mobile orders
5th April: Omise and OmiseGO sign a Memorandum of Understanding with ShinhanCard (a subsidiary of Shinhan Financial Group, a major player in South Korea’s banking and payments arena). This aims to identify opportunities to leverage OmiseGo's payment technology and solutions, and OmiseGO’s server and mobile SDKs
26th April: The OmiseGo cryptocurrency lists on the Bithumb (one of Korea's largest exchanges by volume ).
(NEW) April 26: Zebpay lists Omise Go.
(New) May 14: London Block Exchange lists Omise Go. It is the only exchange in London to provide Great British Pound trading pair.
(New) May 14: Omisego team signed an agreement with Shinhan and Woori (two major South Korean bank). Both banks will work on Omisego’s Blockchain to ease financial transactions.
(New) May 23: Unicoin (India's top cryptocurrency exchange) lists Omise Go.
The general uptrend in the crypto markets as well as the positive developments outlined above.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
OMGBTC - Buy Opportunity - 190% ROI - 22:1 Risk/RewardWith BTCUSD in consolidation mode, I've turned attention to the alt pairs leading into next week. On my radar is OMGBTC that after hitting initial targets.
Now that price has returned back to the consolidation zone which was the original point of the first breakout, we can only assume there may still be buying interest in this range.
Reasons to consider a BUY position:
Price broke out from consolidation zone and hit target 1. Sign of bullish
Price appears to be basing out near the consolidation zone indicating fewer sellers
Excellent risk to reward ratio on offer
Disclaimer: This is only my opinion, make of it what you wish. It is not financial advice.
OMG - Finds a breakout back to BULLOMG broke through the downward resistance point this evening, which also matched a reverse FIB level .236
I ran a trend based FIB extension on the current spike and found a 1:1 extension at .001658 for sell order. Expecting this trend to continue, but will need more details before elaborating.
$OMG - OmiseGo Daily ChartI look for enty for OMG here as i believe it will be a good longer term investment. Here we see some divergence developing with the BB% and we eventually see a pull away from the lower bollinger band, but its been very slow and still hasn't gone positive with weak volume. The AC oscillator is coming close to the zero line signifying a possible change in trend and we are at the very top of the current channel. We sit against line of monthly resistance now so in order to consider a buy in, I want to see a closing candle outside this channel, and then I want to see if we can see a push past the 20 period moving average. If we can not break through the channel or unable to break through the lines of resistance here, the next line of possible support isn't until 134375 SATS so I would wait to see if we get the trend change there before considering entry.
OMGBTC UpTrend Confirmed!Omisego had recently friendly AMA with Vitalik and it seems the chart had positive response to that. the chart looks very god in 4 H timeframe. Ichimoku cloud is almost broken TK Cross happened, MACD , another indicator all confirms uptrend.
