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Omgusdt

OMG cryptocurrency outlook: Profitable trade ahead?Hello everyone! Let's take a look at the OMG cryptocurrency and its prospects for the near future. For over a year, the asset was in a global correction. In December 2022, a reversal movement of the asset began, with a subsequent increase in price and a breakthrough of the descending trend line at around $1.25. Currently, the asset is in a local phase of correction and is approaching a local support zone, followed by an ascending trend line. In this area of approximately $1.4-1.46 , you can look for an entry point with further position fixation in the Fibonacci zone of 0.236. The net profit when buying on the spot will be approximately 39% It is also possible to expect an increase in price to the next Fibonacci level around 0.382 , resulting in a total profit of approximately 109%. This is not a financial recommendation, and everything you do, you do at your own risk.
OLong
by neverovv
OMGUSDT - OmiseGo Ready to go ParabolicHi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. OMGUSDT is looking extremely bullish after a period of consolidation. The last time after OMGUSDT consolidated around the support zone and continuously tested this resistance without falling lower, it was a literal OMG moment and the price went parabolic to $9.92 in July 2020. I think a big bounce on this zone is likely, and a near term 275% increase seems more likely than an immediate 500% increase. Ultimately, depending on your patience and trading strategy, 500% is a realistic increase for altcoin markets during a bull cycle. The potential at this level is confirmed by HIGH volume the previous two times that the price traded around this level. A quick look at OMGBTC also shows bullish price action is most likely after a long period of consolidation against BTC . If you're looking to get a step ahead on Bitcoin, check out this idea 👀: These three charts together give away hidden information about where the price of BTC could be going next. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
OLong
by CryptoCheck-
35
$OMG/USDT 4h (#BinanceFutures) Ascending trendline breakdownOMG Network (f.k.a. OmiseGo) printed a shooting star below 50MA resistance and seems about to retrace down further. ⚡️⚡️ #OMG/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Isolated (3.0X) Amount: 8.4% Current Price: 1.711 Entry Targets: 1) 1.796 Take-Profit Targets: 1) 1.476 Stop Targets: 1) 2.010 Published By: @Zblaba $OMG #OMGUSDT #OmgNetwork #OmiseGo #L2 Risk/Reward= 1:1.5 Expected Profit= +53.5% Possible Loss= -35.7% Estimated Gaintime= 1 week
Short
by TradingOn
OMG: Pullback in UptrendOMG Network (OMG) technical analysis: Trade setup : Price broke above $2.00-$2.10 resistance zone with massive volumes and reached $2.50 resistance, the highest level since Sep 2022. Pullback near $1.50 support could be a swing entry with $2.00-$2.50 upside potential. Wait for Momentum to inflect bullish again (MACD Histogram rising) to indicate that price has found support and could swing back up. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00 – $2.10, then $2.50.
OLong
by altFINS
omg network with a clear five waves up cryptocurrencies have been bullish lately and many rumors as usual circulating on the web, however on this chart we can see an impulse of 5 waves followed by an expanded flat which lands on 78.6% fibonacci ret , then have another impulse wave began on March 11, 2023, which confirms 5 wave up of something comming up. it could be the start of a third wave as it could be C wave,overall we have to wait to see if it is a large ABC corrective move or we are indeed in an upcoming bullrun...
KRAKEN:OMGUSDLong
by IntraFinance
OMG! What Is Happening? Analysis #3/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart OMG is overall bearish, however we are approaching a strong demand zone and previous major high. So we will be looking for buy setups on lower timeframes. on H1: Right Chart OMG is bearish from a short-term perspective trading inside the falling red channel. 🏹 Trigger => for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone. Meanwhile, until the buy is activated, OMG can still trade lower till the 1.22 - 1.30 demand zone. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
by TheSignalyst
4
OmiseGO Early Reversal Signals (Possible 55% Short-Term)On the 22-November, Omisego (OMGUSDT) hit its lowest price since May 2020. Deleteing multiple years of growth. Now, I understand why so many people are in a negative mood, Why there is so much desbelief that the market will recover and grow. Only experts/experienced traders can buy at the market bottom, the mass will always buy at the top. What we are seeing now is hundreds of pairs hitting bottom, the best time to buy is when the market is red. Buy and hold long-term and sell when the rocks and monkeys start selling for millions each. Anyways, I understand if people don't believe me and can't see what I see... People will buy only when there is hype on the street. The bad news is that we have a bearish trend, new lows, bad news, etc. We already know about all that. But OMGUSDT is printing high green volume bars, 10- and 30-Nov., and even closed green the day the new low was hit. And that's just how things go. First we go down and then we move back up. The next All-Time High will be higher than the previous one because the bottom is a long-term higher low. Namaste.
OLong
by AlanSantana
3