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OMGUSD

OMGThis market is amazing. There are so many opportunities. Every time I press refresh I see a possible trade for 10% gain on random coins. It is surprising how far OMGBTC has dropped. But I believe that time is about to end. With the recent tweet from Vitalek, I am certain many people will misinterpret what he meant and end up buying this crypto. That will drive price up. Either that, or it is simply too low and is going through the ebs and flow of the market. What are your thoughts? Trade with care.
Long
by AbdorhmanThi
OMGUSD Technical AnalysisFrom the last bar we can see that it is trying to break through the resistance level. Vitalik Buterin Tried to stir up the pot by tweeting that OMG was his favorite trading currency, this caused a little pump as we can see in the last bar. He is trying to break the resistance, however it might not happen. At the moment OMG is caught up in diagonal resistance, followed by a resistance level and a wedge! I don't see the breakout potential at the moment, but possibly later on in the wedge. However i have made all the possibilities that could happen in my opinion. I don't suggest going into the trade at the moment, seeing as it is consolidating and we don't know for sure it is going to rally and break through resistance. The leverage on this crypto is 1:1, which you usually try to look for 2:1. Here is my source: twitter.com
BITFINEX:OMGUSD
by BTC-Sama
Inverse head and shouldersA small time frame inverse head and shoulders neckline has been breached. The Neckline target will in turn breach the neckline of a larger time frame inverse head and shoulders with a neckline target of $11.7 A close above $8.61 on the daily chart will make a new higher high and confirm a change to an uptrend. Failure to breach neckline resistance and a breach of the red long term trend line will confirm downward symmetrical triangle pattern continuation instead.
BITFINEX:OMGUSDLong
by cheretic
OmiseGo ConsolidationThis market was struggling to perform compared to other instruments over the last few months. In August OmiseGo was on fire. We tagged the major fibo resistance (a shorting level where longer term market participants decide to stay or leave the market) and collapsed. This is a sign of weakness, even tho we formed a bullish wick. I can see the uptrend line getting busted and visiting the edge of the major classical support at $5.33. Depending on how price action goes, we may see max consolidation at $4. Be advised, trading below max consolidation could take this market down below $2 before it starts pushing upwards. Alternatively, if we break the descending channel, we'll want to get long!
BITFINEX:OMGUSDShort
by Trader6127
16
OMG LONG - IF..THENAfter having seen a huge spike to the downside on many crypto pairs, chances are high that the month of December will present us plenty of decent buy opportunities. Having a look at OMG, my area of interest is $10. If we see a clear break and close above the point of validation, the continuation would be confirmed. BUT there is also the possibility of a further move to the downside. That's why I'll be waiting for a break and minor retest, as I'm not interested in taking any shorts. The projected target area is $16-$16.50
BITFINEX:OMGUSDLong
by BudBronson
4
Omisego Breakout?? OMGUSDT chart is showing an ascending triangle and Also it formed a double top pattern. If the resistance at $9.87 breaks, the price will go up very fast. The pending buy order should be set at above $9.9 and the stop loss should be set at $9.2. Since there is another resistance price at $10.52, the first target should be placed there, and the second target will be $11.47. Buy order: $9.9 Stop Loss: $9.2 First Target: $10.52 Second Target: $11.47 Good Luck! This is not a financial advice, and please trade at your own risk. If you like this analysis please hit like so I can publish more analysis in the future, and if you like to support me I will greatly appreciate the donation. Bitcoin: 17g6gkFRH6AdtziZa5pLsPdbEzJpBCwnZ4 Ethereium: 0x3c0eb2314aa9f50f301550797978eb147c95aeb3 Lightcoin:LTvzJzBY3K3uzLBfr6zs2a2UfjW5KmeDSK
Short
by blee300
OmiseGO - New targetsOmiseGO has been correcting and bottomed at 61.8 fib level and finding support at historical uptrend as my previous analysis have been forecasting: Reversal signals: - Daily MACD has crossed, crossing the 0 line will be a confirmation - Price has break 4hr - MA100 and keeping above. - Price is bouncing from historical uptrend and acting as huge support. At the moment we are facing resistance of daily MA50 - MA100. We could retest historical uptrend and 4hr MA100 Breaking above daily MA100 we could see these targets: 1st target: 11.40 2nd target: 18.78 (1.618 fib extension )
BITFINEX:OMGUSDLong
by IamCryptoWolf
2