OMG/USD - Wave five to $10 or moreOMG is looking excellent, we completed the correction of wave 4 which did a nice ABC and we bounced at the perfect support line (channel support + Fib 78.6).
Now we are in a clear ascending move which just started.
First target is at Fib 50% or $5, however wave five will take us higher with a conservative target of $10, however, the parallel channel can give us higher targets, such as $15 or more.
The previous ATH of OMG in 2018 took us to $30 so the above targets are conservative in that context. A target of > $15 also seems reasonable and realistic.
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OMGUSD
OMGUSDT, long from 2.48 (strong support).Hi friends. OMGUSDT can go upper to 2.86, 2.91 on purchases from support (2.48). Also i think now very good time for long time investitionen OMGUSDT, because we have maximum supply and only 347 million market cup now. I really think 2.91 we take in near time and go upper to 5.0.
Levels thanks to X-Lines script. Follow me.
OMG Coinbase New Years EveHappy New Years,
OMG looks somewhat bullish to me as I traced out on the chart, not financial advice do your own research before taking any positions. Still learning how to chart for success and learning if anyone has something I missed and could add. Happy New Years everyone lets all go to the moon.
Have You Seen The Potential Of OMG/USD?Welcome everyone,
My name is Schyler with NewWave Traders. NWT is a movement in Elliott wave and trading education, a movement in creating independent and profitable traders, and a movement in lifestyle. I've been a full time trader since 2017 in the crypto markets and I help traders create a full time income for themselves without working the full time hours by mastering a proven Elliott Wave trading system that will allow you to trade on your time and live the life you deserve. Hit the follow & like button if you'd like to make it a reality. I've helped hundreds of traders just like you make it a reality for themselves. Looking forward to helping you create your success story and life.
Let's Talk OMG/USD...
Both counts I'm following for OMG are corrective counts that have further downside. The difference between the 2 counts however is the short term move towards 5$ prior to dropping. So far the B wave to 5$ is shallow for a B wave and hasn't even hit the .618 so this is likely the count I'm biased towards as it is the most probable given these acknowledgements.
I'm targeting the 1:1 extension because it lines up nicely with the previous support level and is a highly probable extension to get hit, so there will def. be buy interest there, however from a Fibonacci standpoint we only need to hit the .618 ext in purple. Tagging the 2.46 low for a double bottom.
That leads me to my next point, I don't think the 1:1 will get tagged if the bulls defend the low of 2.46. If we break under the 2.46 with a 4hr close then It's highly likely we continue to the 1:1 ext.
In summary, Longs above 2.46 seem like the strongest options for trade setups, however I'd like to see the reaction at 2.46 first and then happy to step into the trade as the upside has a great R:r.
Follow, Like, Share to support the channel growth.
Comment your thoughts below. Don't be shy!
OMGUSD D1: BEST Level to BUY/HOLD 100%/200% gains(SL/TP)(NEW)OMGUSD D1: BEST Level to BUY/HOLD 100%/200% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: OMGUSD daily chart review
::: chart looks good /strong
::: ABCD pattern BULLS
::: limited downside from here
::: BULLS seek to BUY/HOLD from LOWS
::: 1.88 range lows / strong support
::: expecting short-term pullback
::: BULLS wait for re-test of 1.88
::: and BUY/HOLD after pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +100%/200% gains later
::: exit near 4.33
::: expecting re-test of heavy resistance
::: details: see chart
::: FINAL TP is 4.33
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +100%/200% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
✳️OmiseGO/USDT Analysis (22/12) #OMG $OMGOMG has just tested MA200 line and it shows quite good buying power as it is the confluence zone of many supports.
OMG is likely to turn up again and initiate a strong uptrend to the 3.75$, 5.25$, and even 7.5$ zones in January 2021.
However, if OMG loses this support, it will fall quickly to 2$ or even 1.5$
📈BUY
-Buy: 2.85-3$.SL B
📉SELL
-Sell: 3.6-3.8$. SL A
-Sell: 5.15-5.4$. SL A
-Sell: 7.5-7.75$. SL A
♻️BACK-UP
-Sell: 2.85-3$ if B. SL A
-Buy: 2-2.1$ if A. SL B
-Sell: 2-2.1$ if B. SL A
-Buy: 1.5-1.6$ if A. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
OMGUSDT (Resistance zone Breakout))#OMGUSDT Technical Analysis Update
Resistance Zone breakout
OMG/USDT currently trading at $3.38
LONG ENTRY level: $3.34 to $3.41
STOP LOSS: 3.07
Resistance level 1( Target 1): $3.80
Resistance level 2 (Target 2 ): $4.40
Max Leverage: 4X
ALWAYS KEEP STOP LOSS...
Follow our Tradingview Account for more Technical Analysis Update, | Like, Share and Comment your thoughts.
OMG : Long TradeOMGUSDT is trading in accumulation zone form very long time ..today finally its breaking out from accumulation zone.
this coin is must buy , dont miss this rally.
Weekly Hidden Bullish DivergenceDudes and dudettes, what we have here today is a major bullish triple MACD, RSI, Stoch RSI hidden bullish divergence on the WEEKLY which is a very bullish continuation to the upside.
First target: 11.13
Second Target: 14.44
Third Target: 17.76
Top of the trend line Target: 21 - 22
DISCLAIMER: If BTC decides to dump and OMG gets out of the trendline, you don't want anything to do with OMG.
OmiseGo - Buy a break setup.OmiseGO - Intraday - We look to Buy a break of 3.511 (stop at 3.388)
Dips continue to attract buyers.
Further upside is expected although we prefer to set longs at our bespoke support levels at 3.510, resulting in improved risk/reward.
Posted a Double Bottom formation.
Daily signals are mildly bullish.
Price action continued to range between key support & resistance (3.500 - 4.000) although we expect a break of this range soon.
The bias is to break to the upside.
Our profit targets will be 3.918 and 4.054
Resistance: 3.500 / 3.700 / 4.000
Support: 3.400 / 3.300 / 3.000
OMGUSD SHORT - BEARFLAGThe bear flag is likely to break downwards. We are currently in a consolidation phase.
Target: $2.50
OMG 12h We do not see active buyers, the target is $1.70-1.80More than 2 months have passed since the publication of the previous OMG idea , and the terms of the idea are still relevant today.
The only moment that happened was an abnormal price surge this morning.
If we missed any news regarding OMG , please write about it in the comments.
If the price fixes above $4.65 , the growth may continue to $5.75
However, if today in the morning there was a simple knocking out of stops and a massive sales on volumes, then we will face a long and deep fall. Global target from below is not replaceable $1.70-1.80.
OMG Network Buy / Sell levels using indicatorsThese last few weeks in crypto have been pretty wild BTC breaking ATH's or almost breaking depending on which exchange you are looking at specifically. As well as sudden 2k+ price swings thrown into the mix.
In my last idea we looked at an ascending triangle that failed to breakout do to a double top formation on bitcoin that brought the market down including ALTS such as OMG. Since then I decided to take a closer look at OMG to determine buying and selling opportunities.
Using the TradingView Supertrend indicator which uses Moving averages to determine which direction price action momentum is moving we have a slow and steady uptrend at current price levels shown by the green line on the chart
There is currently a cluster of resistance centered around 4$ with a lot of sell pressure in this region, but we have support levels at the $3.50 level (this level held during the bitcoin price dump) as well rising support from the newly formed trendline resistance as well as $3.22 per the Supertrend indicator used in this chart, and finally $2.5 but hopefully we won't see this major support region tested.
The target OMG needs to break in order to start running is 5$ to break through the current Accumulation Zone and start a new bullish paradigm.
With bitcoin dominance at the levels its currently at I predict its only a matter of time and am really looking towards the 2nd week of December to see some positive price action in ALTS.
Thanks for checking in
*not financial advice*
-Mystic
OMGUSD H16: BEST Level to BUY/HOLD 60% gains(SL/TP)(NEW)Why get subbed to me on Tradingview?
-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates
OMGUSD H16: BEST Level to BUY/HOLD 60% gains(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: OMGUSD 16hour chart review
::: chart looks good /strong
::: locked inside range now
::: limited upside from here
::: BULLS seek to BUY/HOLD from LOWS
::: 2.55 range lows / strong support
::: expecting short-term pullback
::: BULLS wait for re-test of 2.55
::: and BUY/HOLD after pullback
::: BULLS get ready to BUY after pullback
::: TP bulls is +60% gains later
::: exit near 4.10/4.20 +60%
::: expecting re-test of heavy resistance
::: details: see chart
::: FINAL TP is 4.10/4.20
::: recommended strategy: BUY/HOLD after pullback
::: TP BULLS +60% gains
::: SWING TRADE: BUY/HOLD IT
::: bull run not over yet
::: good luck traders!
::: SHORT and get paid. period.
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment mid-term: BULLS
::: Sentiment short-term: BEARS/PULLBACK
OMG Network Ascending Triangle in ProcessHey all, Looking at the OMG chart we can see an ascending triangle with 3+ trendline touches to confirm the pattern. I've added two major trendlines to get a better idea of what to expect with OMG going forward. My thoughts are that we should confirm a breakout of the ascending triangle formation within the next day or two as of this chart posting, followed by some minor resistance around the 4.20-4.30 levels and then finally an upward movement towards the accumulation zone level of 5$, if we break above this level with volume and are able to hold it is likely that OMG will start its path to new local highs.
The prophecy is foretold the position is long.
Your friend
-Mystic
*not financial advice educational purposes only*
OMG intraday setup.OmiseGO - Intraday - We look to Buy a break of 4.012 (stop at 3.868)
Price action has formed a bullish ascending triangle formation.
The bias is to break to the upside.
A break of 4.000 is needed to confirm follow through bullish momentum.
Daily signals are mildly bullish.
Our outlook is bullish.
Our profit targets will be 4.479 and 4.737
Resistance: 4.000 / 4.250 / 4.360
Support: 3.800 / 3.650 / 3.500