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Omgusdt

OMGUSD 20%-30% Short OpportunityThere's a very lucrative opportunity walking around in your neighbourhood. Now are you gonna be the one who waits patiently for it to knock on your door or are you gonna be the one who grabs it by the collar and reels it in? Now on to the technicals: Since BTC broke a major support line that has held for the better part of the year. Now even Perma-bulls have no alternative but to accept the obvious fact that we are in a bear market at least for the mid term. OMG has been in a Triple Three Corrective Wave for this entire year and is finally on its last leg. This gives rise to a very lucrative opportunity and I'm all up for such easy trades. Let me be very clear. This is a position trade. Meaning we only start and end the trades if it comes into our scaled order zones. Do not go ALL-IN. Only the orders that get executed go on for this ride. Enter Short in the range of $9.94 - $10.42 Conservative Target: $8.0 - $8.5 Aggressive Target: $7.4 - $8.0 (Use protection, a Trailing Stop) I'm expecting the green or blue box to hold. If both fail then your guess is as good as mine for the bottom targets. Now let me be the Devil's Advocate and talk about why these targets might be challenging. I don't expect the whales to just gives us the BTC targets of 5k-6k. I expect many bull traps along the way. That means OMG too will spike occasionally and make failed rallies (which is why the protection). The most important obstacles is that OMG has two airdrops coming up. If the dates are announced in between of our trade then it will most definitely spike and take our stop out. 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.
BITFINEX:OMGUSDShort
by ShounakShetty
OMGUSD could rise...Hello guys, in this period the volatility for all the biggest cryptos is particularly low end this setting is consistent with a rise of all sector. In this environment the only out of tune is volume, low for all the principal cryptos, exepting EOS. Looking at different chart I've focused my attention on OMGUSD: it is trying to complete a 1-2-3 formation. In fact if it's able to break $12.40/50 area, corresponding to a resistance area and the highest point of the formation, it could surge with first target to $14 where we can find daily 200 MA and then to $14.8/$15 area, where there is a resistance area. Indicators are setted to drive the increase. ***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
BITFINEX:OMGUSD
by BlackSwan_DAR
OmiseGO, a Mid - Longterm analysis [OMG/BTC]A Mid-Longterm look on OMG/BTC One of my favourite projects, with a cyclic nature will hit back soon. A common cycle is sub $10, then above the $18+ region. Here we want to pick up OMG around a support region after it has some good buyback volume after selling volume thins or shakeout occurs. In this trade I use: ~SMA 30. ~Trendlines. ~Horizontal support lines. ~Volume for confirmation of bleed. ~RSI. ~Fibonacci retracement to line up with targets of trendlines / to see if these regions naturally occur. ~Stoploss / sell zone on a fakeout of a buy in. Want to join a private trading group? PM me. This is NOT a buy OR a sell signal. I'm not a financial adviser and nothing I say is a fact, any losses made through these decisions do not hold me accountable and you should never invest more than you're willing to lose. Thanks for reading, a follow on tradingview and a like would be greatly appreciated. 1k followers ~ FACE REVEAL Xander
Long
by XanderCrypto
2
OMGUSDT Go Long in break out zone - PrudenceThere is key support with the Daily Pivot Range, 3 Day and 6 Day Rolling Pivot Range as well as the Weekly Pivot Range, including the Monthly Pivot Range. This setup cannot be more supportive. With the price trading in breakout mode at the moment of writing the need to act is now to go long the market. The action to take is to place a buy order to enter the market long within the buy zone area but with a limit of 15.65 or close to this level. This gives us a good risk reward ratio within a high probability setup with all this support. With the breakout this will confirm the market wants to move higher. Place the stop loss at the Opening Range low and the profit targets stated below. Exchange: Bittrex // Buy at: 15.65 limit // Stop-loss: 14.89 // Take-profit: 17.95 / 20.40 Once price reaches the first profit target raise the stop loss to breakeven (entry level); then if the market follows through to higher levels manage the trade further by using a trailing a stop loss 1.00 points behind until second profit target is reached or stopped out.
Long
by chris333
OMGUSD. Uptrend. Bull Trend We continue the analysis of cryptocurrency tokens. At this time, we pair OMGUSD. The trend is bullish. Rising Pitchfork, as accurately they describe his movement. At the moment, making a flag to wave 2. The trend has just begun. The goals are described in the chart. Breakthrough Vil will have bad consequences, but now that the danger is minimal. I think the wave will not reach the low of wave A of correction. Therefore it is already possible to buy
BITFINEX:OMGUSDLong
by TimurKuspanov
OMG hitting critical resistance with high chance of breaking outFundamentals 1. Collaboration with DAO forming an alliance with MakerDAO which will improve and ensure the future decentralization. 2. Significantly, OMG cryptocurrency is built on Ethereum blockchain and achieves the highest scalability levels while at the same time enabling transparent peer-to-peer transactions that are fast (real-time) and secure. The decentralization feature is developed in a way that it can facilitate global sovereignty of every individual. 3. Overall the bitcoin market is in a highly probable sustainable recovery, with market expecting big investment houses to give the crypto market a boost. Technicals 1. Hitting the major trend line , within next few hours we should know if the price is able to break through the major resistance. 2. Rising RIS and MACD.RSI not as over bought as compared to last night. 3. TP:15.5 SL:12.5 4. Executed half trade size at 13.33. *Conservative traders can wait for a clearer break above trend line before executing.
BITFINEX:OMGUSDLong
by D_Market_Outlook