Get started

OMGUSD

OMG - Do Ichi Clouds help?One thing I've been studying and practicing over the past few weeks is the use of Ichi clouds. And one thing I've picked up on is cloud twists. For those of you that don't know, a cloud twist is where the cloud gets really thin and turns from a green cloud to a red cloud or vice-versa. Not always, but on many occasions, especially at higher time frames, a cloud twist can signify a reversal from a drop to a rally, or rally to a drop. Look at the OMG chart for instance. I've circled areas where the cloud gets thin or does do a complete flip, and you can definitely see significant price movements along most of those points. I'm not introducing this tool to help me forecast when BTC might be reversing a trend ... and by the way the kumo on the BTC daily says something big may be coming around May 23 .... maybe an end to this bear trend? As for OMG, the clouds would suggest on the hourly that we have heavy resistance above, so perhaps we shouldn't expect a rally any time soon. I do like OMG as a project, but perhaps will buy a little later when I see things improving with the indicators. Remember only a fool relies on one potential outcome. Do not make financial decisions with this information. For educational purposes only.
BITFINEX:OMGUSD
by MAGICMARK
OMGUSDhere is my idea on omisego/usd pair platform bittrex details are bellow 1- omgusd pair brook the 0.61 Fibonacci level its moving towards 0.78 level which is placed at 11.4usd 2- there is an announcement on 25th of may which will make omgusd pair pump 3- there is about to release OmiseGO (OMG) Honte - Network Preparati on OmiseGO (OMG) Honte June 30, 2018 4- there is an event omg gonna be listed on coinbase as well 4 strong reason which will make omgusd pair to be bullish in next 3-4 coming weeks "easy 100%-150%" profit on this monster coin for short term ------------------technical reason to be bullish------------------- if we look at the graph clear there is big head & shoulder pattern is forming the first shoulder is already completed the head is already completed the 2nd shoulder is under construction which will hit 11.4usd and start a monster bull which will be ended on 32-35usd -------------------------------------------------------trade setup------------------------------------- entry- 11.4usd-9.8usd stop loss- 7.6usd take profit- TP1- 18.5usd take profit- TP2- 24usd take profit- TP3- 32usd take profit TP4- free Note: do not trade without stop loss than you if you have any question leave in comment section
by SaadBinRehan
OMG/USD Triangle Consolidation Pattern Alts and BTC are displaying a very prolonged Triangle consolidation pattern which to me shows a serious spring board foundation is being built for all of these projects to catapult once they hit their apex or climax points. Yes, some of them will fail and fade away, but to me this shows me that this summer is going to be an explosive time in the crypto sector You can pretty much look at many of the charts and see this pattern either nearing the end or still in the process. I have ladders placed already in my favorite projects so that I don't buy all at once. Each leg down, I nibble a bit until my bags are full. As long as the stock market doesn't tank or we have some sort of Black Swan event, we should be in pretty good shape in the next couple of weeks Hope everyone is well
BITFINEX:OMGUSD
by Sh-aw-nster
OmiseGO (OMGUSD) wave analysis: 4hr tfMy previous post for OmiseGo (OMGUSD) can be found here: It was mentioned in the previous post that OmiseGo (OMGUSD) had a limited upside potential before bears pulled the plug on the bulls. Price swing from ~$12.76 on April 14, 2018 to a price close of ~$19.50 on April 26, 2018 is identified in this analysis as an ending diagonal (wedge) Elliott wave structure. The implication of this is a reversal in price to at least the origin of the wedge, which seems to be the case for OmiseGO (OMGUSD). The best course of action based on this analysis is therefore to be patient to see how price action further unfolds for OmiseGo(OMGUSD). The reason for the previous statement is because there is a bullish or bearish scenario that could possibly play out for OmiseGo (OMGUSD). Bearish scenario: (Price closing below ~$12.50) If this is the case, this analysis favors OmiseGo (OMGUSD) targeting support as indicated by the horizontal red lines. Bullish scenario is only been considered here because the price move $19.50 to ~$13.84 on May 11, 2018 is a 3 wave price swing which implies potential movement in price back to the $19.30 area or even finishing past it as either a minute wave ((b)) of a regular flat or expanded flat respectively. It is therefore best to be patient in this case to see how price action transpires inorder to take the appropriate action for OmiseGo (OMGUSD).
BITFINEX:OMGUSD
by Coin_Analyst
There is a possibility for the beginning of uptrend in OmiseGoTechnical analysis: .OMISEGO/DOLLAR is in a Range Bound and Beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 38. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (12.50 to 10.07). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. .Beginning of entry zone (12.50) .Ending of entry zone (10.07) 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 special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 15.55 TP2= @ 18.20 TP3= @ 20.28 TP4= @ 28.50 TP5= Free
BITFINEX:OMGUSDLong
by ForecastCity
There is a possibility for the beginning of uptrend in OmiseGoTechnical analysis: .OMISEGO/DOLLAR is in a Range Bound and Beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 38. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (12.50 to 10.07). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. .Beginning of entry zone (12.50) .Ending of entry zone (10.07) 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 special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 15.55 TP2= @ 18.20 TP3= @ 20.28 TP4= @ 28.50 TP5= Free
BITFINEX:OMGUSDLong
by ForecastCity
2
OMGUSD (Volume Analysis Prediction 4/16/2018)Ticker: OMGUSD Exchange: BITFINEX Signal: short-term @Long The price in consolidation after the upward movement Trading idea: Most of the market duplicates bitcoin traffic OMG moves completely independently We buy from the support itself with which the price has already interacted, with the closing of the position on the opposite boundary of the consolidation. This is a short-term transaction, since the market (globally) is in consolidation, and it is difficult to give long-term quality recommendations Entry point: 13.15 Stop: 12.96 Target1: 13.66 Target2: 14.23
BITFINEX:OMGUSDLong
by mooncatcherpro
1
OMG! SEEKING A GOOD ENTRY POINT?So we can see we have found trendline support currently, but will it hold? Here is something interesting, if I take a fib extension, and pull from W-X-Y, you can see that we've hit the 100% fib level, and found firm resistance at the 0.786! So we can see the Algos are at work. Currently as far as I can see, we've double topped and are now retracing, and at this point in time, I'm seeing this as an extended correction, HOWEVER...we still have 2 possible BULL scenarios on the table! BULL SCENARIO = We can still count this as a wave 1 up, and now we are coming down for our wave 2. This possibility is always on the table until we retrace past the origin of wave 1. INVERSE HEAD AND SHOULDERS SCENARIO = If we break through the top black trendline, and continue our correction down, there is the possibility, that if we bounce of the bottom black trendline, we could be shaping up for a perfect inverse Head and Shoulders pattern. So ill be definitely watching for that potential. However until then, it'll take me a lot of convincing before I go long. I'll be looking to enter, either when It reaches my buy zone, because I can't see it dropping past there, unless it continues following BTC down, but by then ill have more data to work with, then I can do a more detailed count. I will also consider entering, if I see a solid bounce off the trendline we've found support at now for a quick scalp, but I don't see the market strong enough to push it up at this point. Also I have never found trendlines to be reliable/strong supports, unless correlated with a fib level. So for now, I'm watching to see where it could land, and how it reacts when introduced to each fib level / trendlines, but as far it goes for now, we double topped and are retracing. Thanks **NOT FINANCIAL ADVICE, JUST SHARING WHAT I SEE**
BITFINEX:OMGUSD
by Etsua
OmiseGo (OMGUSD) bears will soon crash the bulls’ partyThe 4hr tf chart of OmiseGO (OMGUSD) from ~$7.77 on April 1, 2018 till present is identified in this analysis as 3 wave move (corrective)Elliott wave structure that should end up as a zigzag once minute wave ((c)) is complete. Termination of minute wave ((c)) based on this analysis would also result in the termination of a Minor wave degree. The implication of the above is that a sell off should follow that will either deeply retrace the uptrend from $7.77 or even close below $7.77. The target area for the termination of minute wave ((c)) of OmiseGO (OMGUSD) is indicated by the horizontal green lines. POI (point of invalidation) for this analysis (not shown here) is a price close above $23.57.
BITFINEX:OMGUSD
by Coin_Analyst
1
OMGUSD break imminent One of the only charts I have been watching today just because the range is so tight! A break of either of the blue lines will give us some clues in which way this is headed. Blue lines are taken from the high and low on the hourly TF and the yellow lines are from the 4H. Take some time and go look at the entire tightening range for yourself on the 4H. I am leaning bullish but am not entering a position until we see a break of the local top. Be prepared from some volatility because with a range this tight I'm sure we will see a big move play out. It is worth mentioning that if we break below $17.2 we will dump, short accordingly.
BITFINEX:OMGUSDLong
by jamiediamonds
2
OMGUSD - Scale in orders for longTools used: Fibonacci speed resistance fans Chande Momentum RSI VWMA (Length: 8, length of 20 on hourly) OmiseGO popped up to $17 and quickly dropped. Currently forming a bull flag, looking forward to a confirmation for a continuation of it. Regression channels: Arguments for a long position: Taking the traditional method of finding target price of a bull flag, OMG should hit $20 after breakout ATH is just around $40 Bull flag pattern Strong FA, both team and community wise; verifiedtopics.com Re entering main (green) regression channel after it failed to break out under it. (Poor correlation ratio at ~.5 however) Arguments for a short position: Currently in a correction phase after a huge rally Top of bull flag channel, expecting it to drop again in the flag channel Seems to have failed to break out from cyan regression channel Weakening momentum RSI making a hns pattern (lol) Safest move would be to scale in long orders from $10 onwards as BTC is still grappling with its identity crisis.
BITFINEX:OMGUSDLong
by NeoButane
OmiseGO Upside potentialOmiseGO (OMGUSD) rallied this morning and reached the resistance level around $20. If price starts dropping down we can expect the support around $13 to hold and the rally to resume. If price continues to trade above the resistance level and it becomes support, we can expect it to reach new all time highs. There is a possibility that the resistance level around $25 holds price, but ultimately it looks like it's heading to new all time highs. Good Luck, CryptoTrendline
BITFINEX:OMGUSD
by CryptoTrendline
2