OMG showing a very impressive investment opportunityHi Everyone;
today we have one of the best risk to reward Investment opportunity
it is more than 1860 times the risk and the chart is look very promising.
I expect breaking the previous bear market key point will clear the way to the final target
Omgforecast
OMG/USDT 2HOUR UPDATE BY CRYPTOSANDERSWelcome to this quick OMG/USDT analysis.
I have tried my best to bring the best possible outcome in this chart.
Reason of trade:-OMG/USDT cup and handle look bullish trend and CMP buy fast
Entry:- CMP and buy the green zone
Traget:-35% TO 45%
Stop loss:- $4.43
Remember:-This is not a piece of financial advice. All investment made by me is under my own risk and I am held responsible for my own profit and losses. So, do your own research before investing in this trade.
Sorry for my English it is not my native language.
Do hit the like button if you like it and share your charts in the comments section.
Thank you.
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
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OMG 1D Trading in the channel without sudden movementsWe already have a tradition, or whatever you call it, to update the OMGUSDT idea every two months.
After the publication of our previous idea , the OMGUSD price fell by -50% and did not reach the final target a bit.
Then the growth in the form of stairs began.
But if you look at the picture globally, the channel that was drawn at the end of last year is still working skillfully.
The upper limit of the channel is now at the level of $5.30 and it can be assumed that the OMGUSDT value will grow exactly there.
And those who have been keeping OMG longs since September 2020, when we published our first idea , will get a chance to break even. Then there was a lot of negativity in our direction from OMG fans and they did not believe that it would fall, but you see how it happened.
So, the upper limit of the channel is $5.30.
The bottom of the channel is close to $3 , a cool range to trade.
$2.40-2.60 is a cool range for a set of medium-term longs.
See you in 2 months :)
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
