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Omgusdt

Omisego: Inverse Head & Shoulders pattern on 1D ?Perhaps technical analysis is completely subjective and we see what we want to see based on our bias towards the markets and our own wishes. On this chart I am seeing an inverse head and shoulders pattern on the 1D time frame for OMG/USDT. Volume profile seems to support it despite being seemingly low. At the time the price action is retesting the neckline of the inverse head and shoulders patter. If this one plays out we could be looking at a target of at least $1.88 - $1.91. Time will tell. Also worth looking at the RSI which seems to have formed a similar pattern (more confirmation). Happy Trading.
OLong
by GhostCrypto
OMGUSDT AnalysisI am mostly positive about OmiseGO. Engineering Robo is giving a Buy 2 signal. In addition, the MA 20 (blue line) and MA 50 (yellow line) have crossed, and it looks at though the MA 20 will go above the MA 50 line, indicating that it is time to buy it. The candle has broken the resistance line and the candles are starting to go up. In this case, I will wait for Engineering Robo's signal to buy it. If the candle moves down and breaks the support line below it, in that case I will sell it.
O
by slowtoinvest
1
Omisego in a big Falling wedge! 45-80% Profit.Hey, I am back with another idea, this time I was looking at some Crypto charts and have spotted this nice looking bullish formation which is called Falling wedge. As the 50 and 200 EMA are coming close together, I am expecting a volume soon . Do I think that OMG can actually see a 80% rise without BTC rising? Well yes, take as example a VET that has made 80% easily in few days while Bitcoin went sideways. Ideal entry is in the green area. TP1 $2 (45%) TP2 $2.5 (80%) If you have found this analysis thoughtful, please don't forget to leave a like as I share with you these great ideas for free :).
OLong
by TiborVrbovsky
4
OMG! 😱 Coinbase Pump | BITCOIN ($BTC)😲 OmiseGO (OMG) finally got its long awaited Coinbase listing after a potential listing having been announced back in early 2019. 📈 OMG, as expected, pumped pretty hard going into the listing. While this Coinbase pump has technically exaggerated the existing bullish trend for OMG, any long positions should approached with caution. On the chart, Fractal Trend is showing an uptrend (Aqua bar color) on the 4 hour timeframe. This represents the bullish price action since the COVID dump followed by the Coinbase pump (and pre-pump). Despite this, we aren't looking to trade this Coinbase pump ourselves, instead we are just going to map out some key levels for those who are. To the upside we have a path of bullish continuation. On this path we expect reactions at R1 - R3. To the downside we have what is a more likely path, here we have support levels marked S1 - S4 with S1 being a logic spot for a dead cat bounce. For those looking to enter a longer term position, the levels below present themselves as reasonable places to look to build a long position. For those wanting to play the Coinbase listing pump, or for who already are playing it, each resistance level should be taken seriously. It is hard to see unlimited upside for OMG while other crypto assets are struggling to retain their uptrends. Resources: cointelegraph.com + cryptocurrencyfacts.com ✨ Drop a comment asking for an update, we do NEW setups every day! ✨ Like, Comment & Follow to help the community grow 🎉🎉 --- 1. Fractal Trend is showing an uptrend (Aqua bar color) on the 4 hour timeframe. This represents the bullish price action since the COVID dump along followed by the Coinbase pump (and pre-pump). 2. With this strategy, we are looking for long setups in an uptrend and as such want to enter long on retests of bullish order blocks plotted by Orderblock Mapping (Aqua line color) and/or bullish S/R levels plotted by Directional Bias (Aqua line color). 3. Right now we are looking for a long entry off the range formed by the previous S1 bullish S/R flip at the bottom of the pennant. 4. Our stoploss is placed below the S1 S/R, well below the previous candle closes where we expect to find support. Ultimately the trade here is simple, buy the clear support below and target another test of the resistance at R1. Good luck fam!
O
by AlphaBotSystem
7
OmiseGO (OMG) - May 23 (1W)Hello? Dear Traders, Nice to meet you. "Like" is a great power for me. By "following" you can always get new information quickly. Thank you for always supporting. -------------------------------------- We need to watch with interest to see if we can get out of this long downward trend. Points to be absolutely supported: 1.1550 points Points that can be said to be out of a downward trend: 2.7500 If you are currently investing, check out the points of support and resistance. ------------------------------------------------ ** Check support, resistance and abbreviation points. ** Support or resistance is based on the closing price of the 1D chart. ** All descriptions are for reference only and do not guarantee profit or loss on investment. Description of abbreviations shown in chart R: A resistance point or section where a countermeasure is needed to preserve revenue. S-L: Stop-Loss point or section S: A point or section that can be purchased for profit generation as a support point or section
BITFINEX:OMGUSD
by readCrypto
3