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Omisego

Good luck trying to catch OMGBTC's parabolic riseThe title says it all. OMGBTC is extending the parabolic rise it started in May, this time on an even more aggressive manner as just in August alone it has gained +500%! It has even broken above the multi-year bearish trend-line of Lower Highs and the 1D RSI is on an Ascending Triangle. Typically it is very difficult catching such aggressive rises, the MA50 won't be touched until the very peak. I believe the best shot we have entering this is once (if) contact is made with the 1D MA20 (yellow trend-line). ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also help me a great deal at posting more free trading content and signals here !! Shout-out to TradingShot's top TradingView Coin donor this week ==> @scheplick
Long
by TradingShot
8
OmiseGo Goes for 250%+ In Days (Project Overview)OmiseGo (OMG) Overview OmiseGO (OMG) is a public Ethereum-based financial technology for use in mainstream digital wallets. OmiseGo enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. Designed to enable financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network and digital wallet framework. Omise, which serves business customers in Japan, Thailand, and Indonesia, currently operates an eCommerce platform that lets companies take payments from customers online. It has a full-featured white label payment management platform for these businesses. With OmiseGO, and the OMG token, Omise aims to simplify the barriers to payments by removing the need to own a bank account. ---------- In the past two weeks OmiseGo (OMGBTC) has been printing really strong growth. All of the major EMAs that we use as indicators have been conquered, meaning that prices moved and closed above these levels. After such strong bullish action, it is easy to see a retrace... After the retrace, support can/will be established, and then another jump... This process can continue for long. Thanks a lot for your support. Namaste.
O
by AlanSantana
7
Risk 0.25 BTC & turn it into potencial 5 BTC profit with R:R 20Hello everyone I see a nice short and even mid/long term longing opportunity on OmiseGO charts agains BTC pairing but agains USD as well This trading setup explains how risking of 0.25 BTC can turn into 5 BTC profit with R:R 20 This chart is supported by lower time frame ideas which you can find in Related Idea below or HERE: (R:R3 11%) / OMG Bullish agains BTC How to calculate position size for this trade if its done with 5x margin Let’s say we have a $11100 account (Price of single BTC at the time of writing). We’ve established that we’re not risking more than 5% on a single trade. This means that we can’t lose more than $555 on a single trade. Let’s say we’ve done our analysis of the market spotted the resistance turning into support, bounce on 0.618fib retracement & bull divergence on 3h timeframe and now we have determined that our trade idea is invalidated 5% from our initial entry. In effect, when the market goes against us by 5%, we exit the trade and take the $555 loss Account size – $11100 Account risk – 5% Invalidation point (distance to stop-loss) – 5% (0.0001316satoshi) Take profit - 100% (0.0002682 satoshi) So e.g. Investing 1 BTC ($11100 USD at the time of wreiting) with 5x leverage into this R:R20 / 100% Gains trading setup could turn into 5 BTC profit (-fees) till EOY if this C&H pattern trading setup plays out. With risking off $2775 loss (1/4 BTC) of your total Account size. I would say that is quite nice trading setup worth taking the risk. What are your thoughts ? ChaChain ------------- KEYWORDS OMG, OmiseGo, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
O
by Anoinvest
10
OMG looks bullish agains BTC to meHello everyone, Looks like OMG opportunity is comming soon. Correction reached crypto favourite 0.618 fib and forming a bullish divergence on 3h time frame Why 3h ? Well everyone is looking at 4h and I like to watch at different timeframes but you should allready know this if you follow me. BTW: It looks bullish agains USD to me as well Don´t forget to DYOR ChaChain ------------- KEYWORDS OMG, OmiseGo, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
OLong
by Anoinvest
OMG R:R3 for potencial 11% gains Hello everyone, Looks like OMG opportunity to me Correction reached crypto favourite 0.618 fib and forming a bullish divergence on 3h time frame as you can see on chart below or HERE Why 3h ? Well everyone is looking at 4h and I like to watch at different timeframes but you should allready know this if you follow me. Don´t forget to DYOR ChaChain ------------- KEYWORDS OMG, OmiseGo, trading, bitcoin , bitcointrading, profitable trading, profittrading, profit trading, secret, divergence, bull divergence, bear divergence, divergencetrading, divergence trading, trading strategy, how to trade bitcoin , bitcoin trades, bitcoin trading, make profit, take profit, trading strategy, trading technique, successful, successful trader, successful technique, successful strategy, successful secret, how to trade, trend analysis, technical analysis , indicators, rsi , relative strenght index, let it rain, successful life, easy strategy, easy trading, easy technique, make money, crypto investing, investing, crypto, cryptocurrency, cryptocurrencies, mentoring, money, chartart, beyond technical analysis ------------- Disclaimer: I´m not registered or licensed in any jurisdiction whatsoever to provide investing advice or anything of an advisory or consultancy nature, and therefore I´m unqualified to give investment recommendations. Always do your own research and consult with a licensed investment professional before investing. This communication is never to be used as the basis of making investment decisions, and it is for entertainment purposes only.
OLong
by Anoinvest
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
Patience Will Reap Rewards For $OMG We're taking a look at $OMG because the Quant Market Scanner recommended that we take a peak at these guys (their price action is noteworthy over the past few days). We're going to start with on the one day resolution. Above we have a case of a classic overhead downtrend resistance (short-term) that's been broken (with volume). The latest screenshot shows failed attempts by the price to break above the overhead diagonal downtrend resistance (four failures). All of these failures lead up to the eventual explosion above the overhead downtrend diagonal resistance. Zooming in a bit closer, we can see that there was substantial volume accompanied with this break as well (which is typically what we want to see as a *confirmation* of a legitimate break above the overhead diagonal downtrend resistance). Another Look at Things If you're not a believer in the idea that there was a legitimate overhead diagonal downtrend resistance suppressing the price, then perhaps the overhead horizontal resistance presents itself as a more palatable theory. See below: If This is the Case Then we'll have an easier time plotting a potential 'retouch' (if there is one) for the price. > 'Retouch?' Typically when there is a break over an overhead resistance of some sort (or vice versa), the price tends to retest the former resistance as a support point during its ensuing consolidation period (if it comes to that). Conversely, if the price breaks below a major support that had ben thwarting continued price action, then there is usally a re-test of the support as a resistance point before the price moves further south. Here is What That Would Look Like Assessing Distance Between Current Price Action and the Underlying Support (former overhead resistance) We're going to map our trading strategy around the assumption that the price does consolidate at some point in the near future to re-test that previous overhead horizontal resistance as a support before continuing north. However, before we can solidify this as an idea, we need to make sure that the distance between where the price is at (at the time of writing) and the (now) underlying support is not too great (otherwise, this may be a no go). Perfect, just -5% from entry position (if we were to place a bid at th8e current floating exchange rate for $OMG). Looking For the Next Overhead Resistance There isn't a lot to go from...but there is something. See below: As shown in the chart above, we drew our overhead resistance by using the previous localized ATH on the chart (dating back around May 21st/22nd, 2020) - which is priced at $1.90. Distance Between Current Price Action and the Overhead Resistance We Drew To get a sense for our potential upside on this move (assuming it plays out), we're going to measure the distance between where the curren floating exchange rate for $OMG and that overhead resistance point ($190). Conclusion 1. $OMG is already on a "winning streak" currently (heavy uptrend over the last few weeks), so we're not going to waste too much time looking at momentum indicators here since we're not in a rush for this move to play out. 2. There's a clear underlying support point that **should hold up** (unless there is some catalyst for negative price action for $OMG that creates this bearish price actoin with such volatility that it breaks straight through the underlying support). We doubt that any such event will manifest (unless it involves the broader crypto markers in some way). 3. The overhead resistance is pretty intuitive at this point as well (there's no other logical place to draw an overhead resistance target ; the $176 price amrket has no other interactions with $OMG's price action that would justify us marking it out as an overhead resistance point). Drawing Up an R/R From Here This feels like a fair R/R for $OMG currently:
KRAKEN:OMGUSDLong
by librehash
3
Don't miss the great buy opportunity in OMGUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.5200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . OMGUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 1.6000 TP2= @ 1.6350 TP3= @ 1.7600 TP4= @ 1.8500 TP5= @ 2.0200 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:OMGUSDLong
by ForecastCity
10
Don't miss the great buy opportunity in OMGUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.5200). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . OMGUSD is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 1.6000 TP2= @ 1.6350 TP3= @ 1.7600 TP4= @ 1.8500 TP5= @ 2.0200 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:OMGUSDLong
by ForecastCity
10