OMGUSD
OMG - Nearing historic key support line - Great buyLooking at the daily chart for OMG, we can see that the price has been consolidating since its meteoric rise in Aug/Sept of last year. At the moment, it is approaching a key support line (white) from which it bounced off of in December. This support acted as the steadfast catalyst it needed to start its next run up. Could it happen again here? We'll see. We can see falling price action has led to a new low on the RSI at 21, however there is solid support on daily MACD, which may indicate higher prices to come. The price action currently finds itself in a falling wedge and is getting tighter and tighter. Of course this is all indicative on Bitcoin, so watch for the bounce. It maybe the bottom a its next big run.
There is a possibility for the beginning of an uptrend in OMGUSDTechnical analysis:
. OMISEGO/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (7.00 to 5.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (7.00)
Ending of entry zone (5.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 8.72
TP2= @ 9.60
TP3= @ 11.68
TP4= @ 14.90
TP5= @ 18.20
TP6= @ 20.09
TP7= @ 28.50
TP8= Free
There is a possibility for the beginning of an uptrend in OMGUSDTechnical analysis:
. OMISEGO/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (7.00 to 5.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (7.00)
Ending of entry zone (5.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 8.72
TP2= @ 9.60
TP3= @ 11.68
TP4= @ 14.90
TP5= @ 18.20
TP6= @ 20.09
TP7= @ 28.50
TP8= Free
OMG maybe a buyEverything is easy when things are bullish. Things go to shit when drop happens. But I think this will kick up. I think $10 or $11 but chart says $9. Eathier ways its a good gain.
BTC, I think it has 30% gains.
OmiseGO OMG/USD moving in the channel to the support zone 6.5 - 3.8$ , then waiting go & bounce up.
Targets
5$
11.5$
14.5$
OMG/USD breakdown in playThe crypto dropped significantly after the uptrend retest. It is pressuring the wl2, so a valid breakdown will open the door for more drops. It could approach the first warning line (wl1) if it will stabilize below the 150% line.
OMG is ready to make an entranceAs we can see, OMG has been stuck in a falling wedge and seems to me like an ABCDE correction. Rules of ABCDE correction dictate that there's a high probability of a breakout at termination point of Wave D.
Lets not forget that there are not one, but two airdrops incoming for OMG in the near future.
In short: We have Technical and Fundamental evidence to support a long position.
While all other coins have rallied OMG has been coiling up in this wedge. Now the Viper is ready to strike.
If we get a breakout the first target would be the highest point of the wedge for OMGBTC. Whereas OMGUSD should rally far more.
Godspeed
___________________________________________________________________________________________________________________________
I'm not your Financial Advisor and this is not to be construed as Financial Advice but I can be your Legal Advisor if you can afford me.
There is a possibility for the beginning of uptrend in OMGUSD Technical analysis:
. OMISEGO/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (7.00 to 5.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (7.00)
Ending of entry zone (5.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 9.60
TP2= @ 12.50
TP3= @ 15.00
TP4= @ 18.20
TP5= @ 20.20
TP6= @ 28.50
TP7= Free
There is possibility for the beginning of uptrend in OMGUSD Technical analysis:
. OMISEGO/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (7.00 to 5.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (7.00)
Ending of entry zone (5.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 9.60
TP2= @ 12.50
TP3= @ 15.00
TP4= @ 18.20
TP5= @ 20.20
TP6= @ 28.50
TP7= Free
OMG looking like a good buyUse a stop loss accordingly considering it isn't clear where btc is headed
OMG ready to popLooking the intraday movements we think there is a big chance for this to pump, buy here asap. Follow and like for updates!
OmiseGO (OMG) Top Altcoin (100% Profits Potential)OmiseGO (OMG) is one of the top altcoins, 20th by marketcap and just bounced recently from oversold on the RSI. Last time that OMG bounced from oversold back in early December 2017, it went on a 4x bull run, that's 400%+ increase in price.
Right now the Altcoins market is moving, positive/up, and OMG just bounced from the oversold line on the RSI. I am seeing a 200% earnings potential (100% profits) by looking at the daily chart.
We need the support of the market, if we want this goal realized. So let's take a look, let's see what we can spot by looking at the charts.
OmiseGO (OMGBTC) 100% Profits Potential Trade by Alan Masters
*** TRADE INSTRUCTIONS
Buy in: 0.00114 - 0.00129
OmiseGO (OMG) Targets by Alan Masters:
(1) 0.00144
(2) 0.00164
(3) 0.00178
(4) 0.00195
(5) 0.00227
(6) 0.00247
Stop loss: 0.00109
Next support:
(1) 0.000980
Capital allocation: 5%
Time: As long as it wants.
*** RESTING IS PART OF THE GAME
You can work, as much as you want.
You can train, every single day.
You can run, for miles long.
You can pray, to do so often is always ok...
But remember that resting is also part of the game.
Namaste.
OMG 100%+ Profit PotentialOMG/USD is currently in a high demand area (white rectangle) the price range in that rectangle is between $6 and $7.5
Everytime it has been in this rectangle, it has shot up with at least 100%+ Profit. This is a highly demanded zone. Nevertheless, I still recommend scaling wisely as its not a Bull Market yet. But buying good chunk of it would be great accumulation.
Along with that, we also have RSI at its lowest since the release of the ICO almost 1 year ago.
Current RSI level = 26.68
Lowest RSI level before today = 28.93 in 1 April 2018, which after it reached that level, it went up over 140%
Another note: I added BTC prices in the chart, to show that OMG is demanded regardless of BTC's value.
Good luck guys!
OMG. A little long in this depressed fallAlmost a vertical drop in OMG should stop? In this we will help the price zone 5.8-6.2 $. Why did I decide exactly where the price will stop? See the global idea of OMG . This idea is a particle from the big picture that I see on this coin.
The rebound will be fixed in 3 price zones:
1) 7.05-7.3$
2) 7.7-8.3 $ - I will cover the most part of the position here
3) 9.2-9.7 $
Why did not OMG keep it?On 3days timetable it is clearly visible how OMG formed the head and shoulders, which is confirmed by volumes, breaking the basis and the most important price level 7.7-8.3.
Therefore, if the test of the price zone 7.7-8.3 or the basis in the area 9.7-10.4 will be successful - then I wait 3-3.5 $, and then possible and 1.4
OmiseGo Go Go!Cycles are a huge part of trading. We are always on the lookout for clear indicators of reversal near the bottom and top of ranges. OMG has seen a clear breakout from near the bottom of it's range. We recommend entering with a tight stop loss due to the current risky position of BTC 4.20% . Make sure you manage your capital - we recommend investing no more than 3% in this trade.
Buy: 9.4
Target 1: 10.29
Target 2: 12.12
Target 3: 14.58
Target 4: 18.4
Stop Loss: 8.3
