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Omgnetwork

OMG Network May Face A Larger RecoveryOMG Network with ticker OMGUSD nicely stabilized and the end of 2023, clearly within a five-wave bullish cycle that belongs to first leg (A)/(1) of a minimum three-wave (A)/(1) - (B)/(2) - (C)/(3) recovery. Since the start of the 2024, we have seen slow, choppy and overlapped decline, which clearly looks like a correction, ideally W-X-Y complex one in wave (B)/(2) that stopped and perfect former wave 4 support near golden 61,8% Fibonacci retracement. By current sharp bounce back above the trendline, seems like OMG is looking for a larger recovery within wave (C) or (3) that can retest at least the December 2023 highs for wave (C) or it will go even higher for wave (3).
CRYPTO:OMGUSDLong
by ew-forecast
3
#OMG/USDT 8h (ByBit) Descending wedge breakout and retestOMG Network pulled back to demand zone where it printed a dragondfly doji. A small bounce towards 100EMA would make sense! ⚡️⚡️ #OMG/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Long) Leverage: Isolated (5.8X) Amount: 5% Current Price: 0.520 Entry Targets: 1) 0.511 Take-Profit Targets: 1) 0.581 Stop Targets: 1) 0.476 Published By: @Zblaba LSE:OMG #OMGUSDT #OmgNetwork #OmiseGo #L2 Risk/Reward= 1:2 Expected Profit= +79.5% Possible Loss= -39.7%
Long
by TradingOn
$OMG/USDT 4h (#BinanceFutures) Ascending trendline breakdownOMG Network (f.k.a. OmiseGo) printed a shooting star below 50MA resistance and seems about to retrace down further. ⚡️⚡️ #OMG/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Isolated (3.0X) Amount: 8.4% Current Price: 1.711 Entry Targets: 1) 1.796 Take-Profit Targets: 1) 1.476 Stop Targets: 1) 2.010 Published By: @Zblaba $OMG #OMGUSDT #OmgNetwork #OmiseGo #L2 Risk/Reward= 1:1.5 Expected Profit= +53.5% Possible Loss= -35.7% Estimated Gaintime= 1 week
Short
by TradingOn
OMG: Pullback in UptrendOMG Network (OMG) technical analysis: Trade setup : Price broke above $2.00-$2.10 resistance zone with massive volumes and reached $2.50 resistance, the highest level since Sep 2022. Pullback near $1.50 support could be a swing entry with $2.00-$2.50 upside potential. Wait for Momentum to inflect bullish again (MACD Histogram rising) to indicate that price has found support and could swing back up. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00 – $2.10, then $2.50.
OLong
by altFINS
✳️ OMG Grows 70% In 1 Day, This Why Patience Is Key! (IMPORTANT)This is of the utmost importance to my followers and ALTSBTC traders, patience is absolutely mandatory to win. As Bitcoin grows, the Altcoins vs Bitcoin pairs go into correction mode. Some pairs stay within higher lows and some hit lower lows... This is completely irrelevant if you have a well defined plan and a long-term view, we simply wait. Here we can see OMGBTC moving to hit a new low and this is where people sell and give up. Just waiting 4 days would have done the trick. Here we can see that OMGBTC recovered more than 30 days of correction in a single day. In fact, it hit a new multi-months high and Bitcoin didn't even enter a correction, it just stopped for a few hours and this took place. When Bitcoin stops, the Altcoins grow strong. Anyway, OMGBTC grows 70% in a day and hit a higher high... So, patience is key. All loses can be recovered in a few days... The market is interrelated, the entire Cryptocurrency market is connected, what one does, the rest follows. As Bitcoin grows, the entire market is set to grow as well. Check my last phrase on the " Bitcoin Monthly Reveals The Future... " trade idea for more information and make sure to have a plan and be patient. Wishing you luck, health, wealth and success. Namaste.
OLong
by AlanSantana
1
OMG/USDT - 27.08.22 Market UpdateHello Traders! OMG continues to descend. The price is under the resistance level of $3.60, which is also MA100 on the weekly timeframe, suggesting a further continuation. The price's exit under the support level of $1.80 will trigger a new wave of falling, opening prospects for medium-term purchases. The zone of $0.67-0.97 will be the range for asset accumulation. The targets are levels of $2.50 and $3.60 Good luck and watch out for the market P.S. This is an educational analysis that shall not be considered financial advice
O
by UnknownUnicorn10064030
1
OMG Network (OMG) - June 7hello? Traders, welcome. By "following", you can always get new information quickly. Please also click "Like". Have a good day. ------------------------------------- (OMGUSDT 1W Chart) Below 2.440 is likely a mid- to long-term investment area, so careful trading is required. (1D chart) In the short-term and mid- to long-term perspective, it needs to rise above 2.589 and find support to turn into an uptrend. (buy) - After confirming the support at 2.589 (Stop Loss) - When it falls below 2.360 and receives resistance (Sell) - When receiving resistance in the section 3.464-4.020 - When resistance is received in the section 5.499-6.585 ------------------------------------------------------------ ----------------------------------------------------- ** All indicators are lagging indicators. Therefore, it is important to be aware that the indicator will move accordingly as price and volume move. However, for the sake of convenience, we are talking in reverse for the interpretation of the indicator. ** The MRHAB-T indicator used in the chart is an indicator of our channel that has not been released yet. ** The OBV indicator was re-created by applying a formula to the DepthHouse Trading indicator, an indicator disclosed by oh92. (Thanks for this.) ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee a profit or loss in investment. (Short-term Stop Loss can be said to be a point where profit and loss can be preserved or additional entry can be made through split trading. It is a short-term investment perspective.) ---------------------------------
O
by readCrypto
🆓OMG Network (OMG) Apr-16 #OMG $OMG OMG is likely to form a Broadening Rising Wedge pattern, which is a typical pattern of some uptrends. If it doesn't lose the $4.5 zone, it will move up to the $6 zone, which is a very strong resistance that could cause OMG to correct strongly before continuing to move up to the $7 and $8 zones. However, if OMG loses the $4.5 zone, this setup will be wrong and it will fall to the $3.8 or even $3.2 zone. 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 4.5$ zone 🔴Buy : 4.5 🔴Sell : 5.2 - 6 - 7 - 8 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 4.5$ zone 🔵Sell : 4.5 🔵Buy : 3.8 - 3.2 ❓Details 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
OLong
by CryptoStation
after bullish breakout, the rally propel the OMG priceThe OMG Network price is looking bullish after interrupting a kind of descending triangle pattern. The OMG token’s price action appears to be in the rising parallel channel in a higher time frame. As of now, the OMG network token is observing near below the $6-mark POC, which located the highest liquidity in the last 4 months. The 100 EMA appears to be a short-term base area for buyers as price retests this area several times on the daily graph. However, the 200 EMA remains a long-term resistance area, challenging the current directional trend. The daily RSI is at 72-mark and it is trying to reach the doors of the overbought zone. However, the RSI looks above the semi-line after a long time frame, so buyers may attempt to hold the price higher on the side of the RSI indicator. Similarly, the ADX indicators are indicating a strong bullish trend for the OMG Network. There is no doubt that the bulls were able to reverse the short-term bearish trend into an upward move but the 200 EMA remains as an important bullish barrier. So buyers need to push OMG tokens in huge quantities, Support level - $4.5 and $3.5 Resistance level - $6.0 and $7.0
OLong
by TheCoinRepublic
OMG Network Next Short-Term Target MappedOMGBTC (OMG Network) is really strong right now as consolidation is taking place above EMA50, EMA21 and EMA10. Today's candle is starting on a bullish note... The next resistance is set at MA200 short-term, that's 0.0001612. This almost coincides with the 0.786 Fib. retracement level for the last bullish wave. That's a 30% jump, really short-term... There can be much more when you look at the mid and long-term targets. See my previous analysis for example... 555%+ Namaste.
OLong
by AlanSantana
5
$OMG/USDT 8h (#BinanceFutures) Falling wedge breakout and retestOMG Network (a.k.a. OmiseGo) regained 50MA support and is pulling back to it, looks good for another bounce after. Current Price= 4.023 Buy Entry= 4.004 - 3.800 Take Profit= 4.399 | 4.798 | 5.237 Stop Loss= 4.085 Risk/Reward= 1:1.2 | 1:2.16 | 1:3.22 Expected Profit= +25.48% | +45.92% | +68.42% Possible Loss= -21.28% Fib. Retracement= 0.382 | 0.5 | 0.618 Margin Leverage= 2x Estimated Gain-time= 5 weeks Tags: #OMG #OMGUSDT #PoA #OmgFoundation #BobaNetwork #Layer2 #Scaling #DeFi #Payment Website: omg.network Contract: #ERC20 0xd26114cd6ee289accf82350c8d8487fedb8a0c07
Long
by TradingOn
5
OMGUSDT Bullish (222%+ Possible Or Much Higher)Here we can also draw a falling wedge. We have the same signals we just looked at on the OMGBTC pair. We have the inverted hammer candlestick pattern with a -8 on top of it as prices break out of the falling wedge and move above EMA10. These signals in combination are really strong, as long as the week closes above EMA10 today. We also have a higher low compared to Dec. 2020 and July 2021, which can lead to a higher high giving us a target much higher than 222%. Thank you for reading. 
Namaste.
OLong
by AlanSantana
6
OMGBTC Bullish On Weekly Timeframe (555% Possible)This falling wedge pattern might just be two lines drawn on a chart but somehow when it comes out what follows is easy to predict... We can expect prices to go up. We have a strong combination here since this is the weekly timeframe and we have an inverted hammer last weak with -8 on top of it... These signal together give out a strong bullish signal. We can also notice a long-term higher low (Dec. 2020). Higher lows tend to lead to higher highs... 555%? Maybe... or more. We will see. Namaste.
OLong
by AlanSantana
OMG Network Long-Term (600%+ Next Bullish Wave)Is the bearish wave complete? We don't know, people say it is impossible to predict anything, they say TA is junk; it doesn't work... Come closer... Allow me to show you some Magic! OMGUSDT Oct. 26 2021 (Inside this trade idea there is another one)... Just based on this previous chart and the bullish sentiment that is growing today, we can expect another bullish wave. I mapped some levels for you, 222% up to 620%. But you still need to do your own research before you trade. This is not financial advice. Namaste.
Editors' picks
OLong
by AlanSantana
38
🆓OMG Network (OMG) Feb-20 #OMG $OMGThe $4 zone is a very important support zone of OMG at this time, the buying force has always appeared to push OMG up again every time it approaches this zone. The selling force has also decreased gradually so the buying power may return in the near future 📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 3.8$ zone 🔴Buy : 3.8 🔴Sell : 4.8 - 5.6 - 6.4 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 3.8$ zone 🔵Sell : 3.8 🔵Buy : 3.2 - 2.5 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section
OLong
by CryptoStation