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OMGBTC

OMISEGO/BTC Forecast [Possible Cup&Handle Formations]- 1/27/18Forecast for Omisego - RSI @ 49 currently, neutral as it is neither overbought or oversold, if RSI continues downward towards 30, OMG becomes more oversold and more bullish. - MACD's last cross was January 17th, expect it to cross again in the very near future (maybe a week or two). Expect price breakout to be bullish. - Bolling Bands are clearly narrowing, indicating a temporary trend has formed and may continue sideways. Once Bollinger Bands begin to widen again, we can expect a breakout, most likely a bullish one. Charted two Cup&Handle formations, would love to hear everyone else's thoughts on them!! Green Cup (longer, bigger cup trend) shows a possible cup formation in progress. If current trends can pick up and hit the 0.786 Fib Retracement level, we can expect a quick and temporary dip (known as the Handle) before further explosive breakout. The 2nd Cup formation (the blue Cup), is also another possible Cup&Handle formation, this time, the Cup has already formed and we are just waiting on the Handle to complete its formation. If Handle completes, expect bullish momentum, possibly bringing us up to the 0.786 Fib Retracement level and maybe even finishing the 1st larger, green Cup?!!??? - We can also see that the 2nd, smaller, blue Cup has a Handle the seems to be forming a Falling Wedge, which also indicates upwards price movements once a breakout occurs. Also have a Symmetrical Triangle (black dotted lines, passing through the 2nd, smaller, blue Handle). This can also give us an indication of possible future trends from which ever way the breakout starts. Support level has been drawn out, might seem sort of high, in any case, it is probably a good idea to have more than one support level drawn out. Cheers!!
OLong
by Vermillionz
OmiseGO (OMG) Quick 200% (Binance, Bittrex, Poloneix & BitFinex)Let's take a close look at OmiseGO (OMG) for a quick trade. This is a very strong coin which is available on Binance, Poloneix, BitFinex, Bittrex and other exchanges, so this trade is available for everyone basically. OMG is a very active coin and it has been seeing positive upward action for a while now. We just bounced from the support line of an ascending channel, so there is room for more growth. Several other indicators are also telling me that this coin can be good for a quick and risky profitable trade. Let's take a look... >>> Below you can find the trade instructions: Buy-in: 0.00148 - 0.00178 Targets: (1) 0.00198 (2) 0.00228 (Aim for this target) (3) 0.00248 Additional targets (longer term): (4) 0.00278 (5) 0.00358 Stop-loss: 0.001420 (Maximum risk about 20%) Note: The stop loss is recommended for this trade. If the trade goes south, the stop loss will cut your loss and kick you out of the trade. Here you can see the ascending "green" channel on the daily chart: >>> Message Patience is the key to success... The key to success when trading cryptocurrencies... When organizing your life (solving problems)... When trying to achieve happiness & wealth... Patience and deep breathing is the key to attaining everything you want, good or bad, in this lifetime. Namaste.
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by AlanSantana
281
OMG! OMISEGO GO GO GO! OMGBTC OMGUSDGreat chart formations on the OmiseGo markets. Buyers that would like to speculate on the OMGBTC market will have to make p their minds soon. We have a very nice bull flag forming here and we can see that the market has made a very nice cup on the 1 Day candles. These kind of situations usually lead to very nice breakout trades on the crypto markets. We can see the price moving between the support and resistance as it is correcting before the next move up. Unless we see some major BAD Fundamental News for OMGBTC, this might be the last time see these prices. On the bear side should support fail we will most likely see a very nice bounce back into the support zone. Safe trades. Be sure to join the Best Crypto Hangout for free
OLong
by MrHanna
OmiseGO OMG Forecast - January 2018 Sale!art shows how BTC's bleed dragged OMG coin down with it. OMG is currently trying to hold support level at 140,000. That support has already been broken and fib retracement (not shown in chart so as not to clutter) suggests next support level at 130,000. Hence it would be wise to place some orders between those levels. Once BTC recovers, a reversal is expected and a bullish trend to form and potentially reach the flag targets in the coming days. RSI: Oversold 35% Events: 18 January 2018 Jun Hasegawa will be explaining OMG future plans This is not an invesetment advice, always do your own research!
Long
by itradearn
1
OMG bounce Despite overall market bloodbath, the OMG-BTC rising channel remains intact. From a long term, fundamental perspective, OMG should do well, especially with Plasma implementation and wallet launch in Q1. Now possibly move to top of the channel, as it did previously for multiple times, and then consolidate around both 1. the previous resistance and 2. bottom of the channel. Another possible condition would be crawling on the bottom of the channel and work itself within this small triangle, and we go from there.
Long
by MichaelChen
OMGUSD - potential opportunity to buy inI believe OMG is a good opportunity long term, you can read more about why here : 500% return and 5 other reasons you should buy OMG We are setting up for a POTENTIAL buy opportunity. IF it plays out, it can allow you to get in or double down on your position. OMGUSD has been in a consolidation phase after a strong impulse up on 5 Jan. Within that time the resistance at 19 has held, giving us confidence in our position. Between now and Monday, whilst being mindful of what is happening with BTCUSD, the market could sideways trade around the 21.5 area until we meet the medium and long term trend lines (green/pink). This is also likely to coincide with a meeting of the 50MA. At this point the market MAY decide to continue the bull run. This should see it going up to around 28-30. Although there is resistance at 26 along the way. The signal is it getting close to (slightly before or slightly past ) the trend lines and then a reversal. We should see this action over a sustained period - e.g. on the 6 hour chart. Risk management can be via a STOP below the support area, between 17-19 depending upon your risk appetite. I do NOT recommend buying in advance, wait for the signal. Signal : Hitting the trend line and bouncing up (6 hour chart) Target 1 : 28-30 (but you could take some profit at 26) Target 2 : 38 Stop loss : Between 17-19 I'll keep this post updated if it receives 10 or more likes (thumbs up).
BITFINEX:OMGUSDLong
by monkia
6