OMGUSD
Consolidation until 2.6561 breaks. Still long term bearish.Omisego is on a 2.9758 - 3.9500 Rectange pattern on 1D (ADX = 16.370, Williams = -54.385, CCI = -12.1505, Highs/Lows = 0.0000) that can trade sideways for another week until it prices a new Lower High on the 1W Channel Down (MACD = -2.130, Highs/Lows = -1.3533, B/BP = -3.8158). We remain bearish, TP = 1.4942.
About to break lower aggressively. Big downside potential.OMGUSD is now trading below the previous 3.2309 1D Support and a recurring pattern is seen on 1D that typically leads to a new Channel Down. Both 4H (RSI = 34.346, MACD = -0.063, Highs/Lows = -0.0720, B/BP = -0.1109) and 1D (RSI = 36.903, MACD = -0.273, Highs/Lows = -0.1659, B/BP = -0.5409) are actively bearish and we are aiming at an aggressive decline on OmiseGo towards a new Lower Low on 1W (early estimates put it around 0.300). Out short TP remains more moderate at 1.4942.
OMGBTC: Really Can't Go WrongHi All
Hope all your trades are going well
Expect: Short-term: Short
Expect: Long-term: Can't miss in SE ASIA
This is my girlfriend #1 Coin she invest in, and she is in accumulation mode lol
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Like the Phoenix we will rise from the ashes
Happy trading People....
Approaching the target. More downside to come.Omisego has now crossed the 3.2170 1D Support and is approaching the first TP = 2.6561 on a newly developed 4H Channel Down (RSI = 30.591, MACD = -0.210, Highs/Lows = -0.1867, B/BP = -0.4322). 1D though will be now looking for an even lower Low (Highs/Lows = -0.5904), near our second TP = 1.4942. With the 1W Channel Down (RSI = 35.080, Highs/Lows = -2.3619) however aiming even lower (0.300), we remain bearish on the long term.
Lower High accomplished on 1W. Strong short.OMGUSD made a new Lower High on the 1W Channel Down (RSI = 36.430, MACD = -2.054, Highs/Lows = -2.2612, B/BP = -3.9676). The emphatic rejection on 1D (STOCHRSI = 19.672, Williams = -77.581) indicates that at least the 3.2170 support will be tested, where it is expected to gather more selling momentum. We remain short on Omisego with TP = 2.6561 and 1.4942 in extension.
OmiseGo (OMG) Shows Some Strenght After The Throwback!After the drop OmiseGo' shows us a pretty solid price action from the strong support and currently we are starting to fight with the round number ($4) and with the trendlines which are pulled from the 4h chart.
The bounce came from the trendline which is pulled from the bottom (2018 low) and second touch 23.08.
This trendline holds us almost perfectly! On the trendline area, we got after the drop a very nice candlestick pattern which is "Hammer" and doji after doji which also indicates that the trend may turn around.
Also, we have a nice harmonic pattern called "Cypher" which matches exactly with the trendline!
So, if the Bitcoin' starts to show us some bullish signs then we can be almost certain than OMG' starts to make higher highs!
Hopefully, this quick overview helps You out a little bit to confirm Your own analysis!
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OMGUSDThe purchasing area from $ 1 to $ 3 is very interesting for long-term trade
To play for a fall is dangerous only with a short stop
With such indicators we will not go far
OMG IN DOUBLE BULLISH PATTERN - 550% - CryptoManiac101OMGBTC TRADE
Enjoy this trade advice my Crypto Maniacs, but remember to invest only what you can afford to lose or you're going right back to poverty on drop. We are not your financial advisors.
OMG WILL GO UP WITH OR WITHOUT BITCOIN
ENJOY IT
OmiseGO Looks Higher#OMGUSD is seeing its 10 day cross over its 20 day and shows no real resistance til the 50 day. Bullish.
Critical point. Still short.Omisego is now testing the Lower High limit (4.64) of the 1D Channel Down (RSI = 49.533, MACD = -0.380). Technically the price should now resume the downtrend within the channel. If however the High breaks, be prepared for 8.44 as it is where the Resistance on the 1W Falling Wedge (green lines) is located (MACD = -2.073, Highs/Lows = -1.9711, B/BP = -4.8835). Until then the short targets on OMGUSD remain 2.6561 and 1.4942 in extension.
OMG MAPOMG is a coin i love to trade and one i love to hold long term. Made a lot of money on this one in 2017. Repeats its cycles over and over with nice clean charts..
One of my top coins to watch.
Here is your current wave set map with entry and exit targets
Cryptogame - Margin Battle Another chart. I have too many other charts to put here, which I will add in description later. There is a lot going on behind the scene. Bitmex 100x leveraged trading has had a clear impact on the cryptomarket. Other leveraged trading options at Bitfinex for alts are playing a major role and have resulted in wicks which are not ignorable. Currently the alts have too many long positions compared to shorts, where as BTC and only 2-3 others alts have more shorts than longs. Of course there are always other aspects to look at and clearly have an impact on the inter- and intraday prices.
Please leave a comment (healthy discussion please) and click on the agree button if you do agree or like this chart.
Thanks.
Rebound successful. Now resuming the downtrend. Short.OMGUSD has followed the curve pattern making a new Lower High within the 1D Channel Down (RSI = 35.624, MACD = -0.624, Highs/Lows = 0) and will now either trade sideways to 4.000 in order to exhaust the consolidation or test 2.6561. In both cases the underlying trend will remain bearish. TP = 2.6561 and 1.4942 in extension (but under circumstances for which updates will follow).
Target hit. Approaching a support.TP = 4.4846 hit, as the 1D Channel Down (MACD = -0.838, Highs/Lows = -1.1547, B/BP = -2.4051) continued its decline and OMGUSD now looking to price the Lower Low near the second target at 2.6561. With RSI on 1D oversold at 20.599 along with another 4 indicators, it is not unlikely to see a minor rebound (within the channel down) before hitting the target.
OMG in long-term support, BUYI think the correction is over and if there is real value in this project we must see a decent upmove from those levels. Go long here.
Channel Down on 1D. Short.OMGUSD is trading on a clear 1D Channel Down (RSI = 28.391, MACD = -0.560, Highs/Lows = -0.8476, B/BP = -1.2255), which since pricing its Lower High near 7.000 still has significant downside potential, despite the oversold STOCH, STOCHRSI, Williams. Our position on Omisego is short with TP = 4.4846 and (under circumstances that will be updated on the next post) 2.6561.
OMG trying to find a base hereWe expect this move to go at least up to 90k sat, omg is very oversold at the moment and sitting above fiat $5 support as well.
OMGUSDDouble top or triple bottom?
The triple bottom is a simple reversal figure of technical analysis which consists of three minima and presages a price increase
It all depends on BTC if you manage to hold above 7800 then the OMG will form a triple bottom and you can expect the test of the line and the channel resistance
If Bitcoin does not stand then a breakdown of the support line will follow and a double top will form with a break through the support line
OMG/USD - Easy profit or not?Hello everyone, I'm back with my new trading idea. As you can see, OMGUSD has touched the descending support ( BLUE LINE ) few times in the past 3 months. Everytime it touched the support, the price went significantly up. RSI is 34 , which is near the oversold level. In my opinion, we can expect the price to go up in the next 2-3 days. Maybe it could drop a bit lower, but this is still a good time to get on the train :)
Have in mind that I'm still a beginner and this idea might fail quickly after posting this idea. Always do your own research before getting in any trades. Good luck. :)
Please tell me what do you think about this idea in the comments and if you agree with me, please rate it up :)
