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OMGUSD

OMG! 😱 Coinbase Pump | BITCOIN ($BTC)😲 OmiseGO (OMG) finally got its long awaited Coinbase listing after a potential listing having been announced back in early 2019. 📈 OMG, as expected, pumped pretty hard going into the listing. While this Coinbase pump has technically exaggerated the existing bullish trend for OMG, any long positions should approached with caution. On the chart, Fractal Trend is showing an uptrend (Aqua bar color) on the 4 hour timeframe. This represents the bullish price action since the COVID dump followed by the Coinbase pump (and pre-pump). Despite this, we aren't looking to trade this Coinbase pump ourselves, instead we are just going to map out some key levels for those who are. To the upside we have a path of bullish continuation. On this path we expect reactions at R1 - R3. To the downside we have what is a more likely path, here we have support levels marked S1 - S4 with S1 being a logic spot for a dead cat bounce. For those looking to enter a longer term position, the levels below present themselves as reasonable places to look to build a long position. For those wanting to play the Coinbase listing pump, or for who already are playing it, each resistance level should be taken seriously. It is hard to see unlimited upside for OMG while other crypto assets are struggling to retain their uptrends. Resources: cointelegraph.com + cryptocurrencyfacts.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- 1. Fractal Trend is showing an uptrend (Aqua bar color) on the 4 hour timeframe. This represents the bullish price action since the COVID dump along followed by the Coinbase pump (and pre-pump). 2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua line color) and/or bullish S/R levels plotted by Directional Bias (Aqua line color). 3. Right now we are looking for a long entry off the range formed by the previous S1 bullish S/R flip at the bottom of the pennant. 4. Our stoploss is placed below the S1 S/R, well below the previous candle closes where we expect to find support. Ultimately the trade here is simple, buy the clear support below and target another test of the resistance at R1. Good luck fam!
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by AlphaBotSystem
7
OmiseGO (OMG) - May 23 (1W)Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- We need to watch with interest to see if we can get out of this long downward trend. Points to be absolutely supported: 1.1550 points Points that can be said to be out of a downward trend: 2.7500 If you are currently investing, check out the points of support and resistance. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
BITFINEX:OMGUSD
by readCrypto
3
Omisego - only 250 usd invest can have a big deal in the future!Maybe you have seen it already my profile picture changed in Omisego? After trend study i have seen that omesgo was under the price , and did ask my self why? beacase this project focus not on markting.. and they only work for the end goal. As i see now they will focus more on markting + there are coming some great updates, did i choice to add this project. Omisego its a project for long term, i believe with the time that this project can hit 15-20 usd again. and if it will come for what is made, than even 500 usd is possible. Just only holding 500 OMG, can be a great deal as i expect. do your own study, dont follow just people say buy this coin or this.. everting i add here its my personaly study, depens on data and study. the thing i can say omisego will come back in trend. this project whitepaper made by founder ETH vitalik buterin did support this project, and still do. read more about why OMG is made. Omg is for me very interesting for long term. I will not be surprised if omg becomes 100 usd or more in the future. # know always your targets. there is a lot of people hope, you should not hope, but you should study and expect. Have good time.
BITFINEX:OMGUSDLong
by Protixder
2