OMG USDT LONGInverse head and shoulders pattern forming.
Decent volume
Entry: breakout of the neckline
just an idea, do your own research before trading, not a financial advice
OMGUSD
OMG - Second Chance at Near Bottom PricesOMG has a very nice setup here. Looking at the daily chart, it is bouncing off its all-time low and testing overhead resistance. The MACD looks very bullish. It's curving support, showing a bullish cross, and is showing good bullish divergence. In fact, OMG is giving us a second chance to load up before its next move upward. This is a low marketcap alt so it can really fly if volume flows in.
OMGUSD: Buy OpportunityThe market has been moving sideways for several months already. We can draw a horizontal price channel between 1.083 and 0.640 levels.
The price reached the bottom, and we got a price reversal signal. RSI confirmed the price reversal. MACD histogram and lines support a possible upward movement. DMI does not confirm the strength of sellers. It gives us a new buy opportunity.
If Bitcoin does not fall, this market will be able to provide good trades.
Entry Price: above 0.775
Stop Level: below 0.640
Profit Level: at 1.000
Risk per trade without leverage must be no more than 10% of the capital.
OMG/USDT Good Entry PointChart has strong daily support and high credit ratings. You can buy at a loss.
SydTechnical - December 2019
OMG/BTC TA Update (Deep Pullback?)OMG/BTC
OMG made a higher high last Nov 16 but the price went below 50 Day MA and it's on a deep pullback.
If OMG can hold support between 950-1000 sats and bounce above 50 MA,
there is a high probability that a new higher low is now set and potential daily trend change.
OMGUSD: Could this be a making of a 1 of 5 of a motive wave?OMGUSD is in a decline for a while now. We might of bottomed and this could turn out to be a regular corrective 3 or be a genesis of the first wave of an motive/impulse wave. If the potential 4th wave breaks the $0.7684 the idea of this being a motive wave is invalidated.
If we get a bounce before the $0.7684 passing the previous wave 3 high there is good probability it will reach a confluence of resistance in the marked area.
Good luck!
OMG - Bullish Breakout! Lots of Upside PotentialOMG had a strong breakout beyond resistance. The MACD also looks very bullish. This is a good entry point with lots of potential for positive gains.
OmiseGO / Bitcoin OMGBTC
Good buy opportunity as it have daily bullish MA cross.
Buy at 1100-1110
Sell
1202
1249
1300
1360
Stop loss at 1020 daily close.
Omisego Hidden BullThis coin will resemble something like the ZRX pump price action, for the upcoming weeks.
Be aware and act accordingly
Trade safe, hedge or use stops.
OMGUSD forming bullish Shark | Upto 18% bull move aheadThe price action of OmiseGo / US Dollar is forming bullish Shark pattern and soon it will be entered in potential reversal zone.
This PRZ area can be used as stop loss point in case the complete candle stick closes below this area.
I have used Fibonacci sequence to set the targets:
Buy between: 0.9512 to 0.9101
Sell between: 0.9903 to 1.0751
Enjoy your profits and regards,
Atif Akbar (moon333)
The right time to determine the direction!Hi, Traders ! Monfex is at your service !
Please find below our Update on OmiseGO (OMG) - an Ethereum based decentralized banking and exchange token.
* OmiseGo is currently ranked 48th largest coin based on its market cap which is around $112 million.
* OmiseGo is one of the few outstanding projects with great potentials. As at the time of writing the coin is currently valued at $0.80 per unit.
* OMG has made its first attempt to recover and pull away from the bottom, reaching $0.95 on the 09Oct'19.
* Currently, the price is wedged between contracting trend-lines, while with the next attempt to break higher, OMG could reach $1.08 - $1.14 level.
* Considering that this crypto is mostly used for speculations, the new bullish momentum could catch up lots of eager traders to enjoy short-term profit occasion.
* MACD bullish divergence is intact and hasn't been discharged yet.
Active trade signal
Buy @$0.75 - $0.80.
Target: $1.08 - $1.14.
Stop-loss: $0.73.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
**OmiseGO: Is there a lifetime chance to get rich?**Hi, Traders ! Monfex on the air !
This time we have something very special for you - OmiseGO (OMG) - an Ethereum based decentralized banking and exchange token. It has been lying on the bottom for a couple of last weeks, but is now showing ambitious signs of recovery.
Pros
* OMG has demonstrated a period of positive price movement until the end of June 2019 backed by an expanding network.
* While the token has gained a somewhat doubtful reputation as one of the original ICO unicorns that has reached a $1 billion market capitalization, but was not supported by a real product or comprehensive token utility.
* That means the speculation tendencies may preserve in OMG in the nearest future.
Cons
* OMG's utility is still the factor of concern among investors. Fundamental indicators are also vague.
* OMG is primarily bought for speculative reasons and, sometimes, for expectations of future value. Thus, the selling pressure is usually heavy here since most traders want to be the first to leave the sinking ship in a hurry.
Trading strategy
* OmiseGO recently shows confident signs of recovery pulling away from the bottom.
* Considering that this crypto remains particularly speculative, the new bullish momentum could catch up lots of eager traders to enjoy short-term profit occasion.
* MACD bullish divergence strongly support our Long idea.
Thus, we have decided to:
Buy @$0.90-$0.91.
Target: double in value = $1.80.
Stop-loss: $0.75.
Watch for our Updates to get real-time superior signals!
GOOD LUCK AND LOTS OF PROFITS !!
Disclaimer
This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
OMGUSDT: Conservative/Aggressive Buy SignalOMGUSDT Assessmen t:
* Conservative: Buy after next candle close if 1D TD Sequential 2>1.
* Aggressive: Buy now.
1D Events :
07 September:
- Evening Star support @ $1.0037 ($1 psychological level).
08-10 September:
- 3x green Heikin Ashi closes near Phi EMA 8.
11-14 September:
- Price supported by iFisher MA 21.
- 2 Spinning Tops ( "trend losing momentum")
Today :
- Green Heikin Ashi candle.
- Green TD price flip.
- Fisher Transform(12/12) cross @ BB median.
- Fisher Transform Smooth cross @ BB median.
- iFish RSI/Stoch/CCI white.
- iFish Stoch within normal range
Unannotated Chart :
OMG/USDT LONGSignal
OMG/USDT
BUY
Open 1.0575;
SL 0.9950;
TP 1.2469;
Risk/Reward: 1/3.03
Breaking the downtrend line. Stoploss will turn out small. Also below the level holds a round digit ($ 1).