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OMGUSD

Possible scenarios for THIS reversal pattern to play out*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky. *Follow me for the latest cryptocurrency analyses on my watchlist *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *Thank you to those who donated, I very much appreciate it.
O
by CryptoRush_
Bullish pattern holding - next resistance levels to watch for*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
OLong
by CryptoRush_
OMGUSD Long opportunityGood evening everyone. I hope you caught my link play, and were able to get out with a decent amount of profits. I am back with another play, this time featuring OMGUSD. I have really enjoyed OMG these last couple of weeks. The wave structure is looking really clear, and it is a lot easier to read than some other coins like ETC. Elliottwave analysis: If you've been following my omg posts, you know that we have just finished a larger term Tripple three correction, and are currently starting the wave three of the larger trend. The price action from the 21st of september tells me that the 1st and second wave of the larger term 3rd wave have been completed. If everything follows my t.a, we will be seeing some huge movements towards the upside in these next coming weeks. Bitcoin has been making some really bullish moves, so I am going to take a very bullish standpoint on this trade. Something important to notice, is that the recent price action has been making a triangle formation and we are so close to breaking out of it. I don't believe that this is an elliottwave triangle, but instead, the classic technical analysis one. A break above means that we have a lot higher to go, and a break below might mean that it is just not yet time to move up. I plan on laddering into this trade, buying some right now, and more if we breakout. All in all, this seems like a great trade and I hope you can get in. Have a nice day.
BITFINEX:OMGUSDLong
by Mika_k
OMG Network (OMG) - October 11Hello? Hello, traders. "Like" is a huge force for me. By "following" you can always get new information quickly. Thank you for always supporting me. -------------------------------------------------- ----- If it falls below the downtrend line (5) or the uptrend line (3), it is a short-term Stop Loss. We must see if we can ascend above the 3.6802 point. It is possible to touch the 1.1550-2.75 section as a movement to create a new wave, so I think careful trading is necessary. It remains to be seen if it can rise above the uptrend line (4) and boost expectations for an uptrend. We believe that the point where we can expect further gains from the trend turnaround is at 5.7047. Therefore, according to the flow of the chart, I think it is necessary to respond to some degree in the short term with split trading. (1W chart) Below the 1.1550 point, I think it is a long-term investment area as the bottom section. The 1.1550-2.7500 section is a buffer section and a large'U' pattern is completed. So, at 2.75, I think you must get support and climb to create a new wave. Due to the nature of the coin market, there can be a lot of decline, so I think you should watch the buffer zone 1.1550-2.75. As it broke through the 2.75 point, touched the 9.5 point and fell. I think I made a handle with a large'U' pattern. -------------------------------------------------- ------------------------------------------- ** Check support, resistance, and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All explanations are for reference only and do not guarantee profit or loss on investment. Explanation of abbreviations displayed on the chart R: A point or section of resistance that requires a response to preserve profits S-L: Stop-Loss point or section S: A point or segment that can be bought for generating profit as a support point or segment (Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
BITFINEX:OMGUSD
by readCrypto
4
Omisego - Short Term Sell Stop.OmiseGO - Short Term - We look to Sell a break of 3.488 (stop at 3.652) Posted a bearish Flag formation. A break of 3.500 is needed to confirm the outlook. A break of yesterdays low would confirm bearish momentum. The bias is to break to the downside. We look to sell rallies. Expect trading to remain mixed and volatile. Our profit targets will be 3.028 and 2.961 Resistance: 3.650 / 3.820 / 4.000 Support: 3.500 / 3.250 / 3.000 Signal Centre
OShort
by Signal_Centre1
2
OMGUSD longer term idea Huge (10$?)Hi everyone, I am back with a quick update for two of my favourite coins. There will be a more in depth analysis, but right now I am super busy and I don't have time for a full write up, so here is the gist. What we saw on the 17th of august was the first wave up of the larger cycle. We finished our w,x,y,x,y,z correction, and as you saw from my most recent omg t.a we spiked up. I believe that this spike upwards was the first wave of a wave that is going to send us above the previous highs. Notice how the macd is floating around the zero line on the 4 hour. This is a sign that we are headed on our way up. I would be really careful at this time, to make sure that you don't hop in prematurely. Just watch, and I will keep you updated for a point of entry.
BITFINEX:OMGUSDLong
by Mika_k
2