OMG/BTC watch out!OMG/BTC below a monthly 0 Fib with double resistance very nearby. I would wait to buy.
Omisego
OMG trying to gain some momentum.... Trying to gain some momentum with the green trendline as support.
Volume increasing but not too much yet.
Started to cross Ichimoku cloud that matches resistance at 443sats.
Wait for confirmation signals(volume!, UCTS buy signal), set alerts above 420sats.
OMG: OmiseGo Buy For longer term !!Buy Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
USDT-OMG OmiseGO - Alt Coin Analysis - Point SystemAlt Coin Analysis - Points out of 10
Date : Since 2017 ( 3 / 10 )
Volume 24 H : 4000 BTC ( 5 / 10 )
Available Markets* ( 8 / 10 )
Social Media Rate ( 7 / 10 )
Ranks **24 ( 9 / 10 )
Website ( 7 / 10 )
Type The OMG network is a scaling solution for finance on Ethereum -0.34%
Overall ( 6 /10 )
One of my biggest bags is OMG. I have been accumulating from $6.
As long as it gets some volume the sky will be the limit for OMG.
It has listed on so many exchanges. It is hard to die at this bear market, I recommend you to get some at around $3 for your long term investment. It is down 90% from ATH.
* Considering top 10 crypto exchanges
** Top 100 coins on coin market cap get 10 points
OmiseGO got above 200MAFirst of all take a look at day chart with side volume bars. You can see a big gap which means minimum resistance in this area. Surely it was caused by BTC fall and many coins have the same picture but keep it in mind.
SR line at 376 is based on month chart. Note the volume when it was broken. Now all that power is in support. Adds confidence in it =)
I'll be collecting profits all the way up but my main target is ~500-515 - another month SR zone.
Good luck with your trades! Push like to help promote the ideas.
There is a possibility for the beginning of an uptrend in OMGETHTechnical analysis:
. OMISEGO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 46.
. While the price downtrend in the daily chart is not broken, bearish wave in price would continue.
. The RSI downtrend is broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.013400 to 0.012000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.013400)
Ending of entry zone (0.012000)
Entry signal:
Signal to enter the market occurs when the price comes to " Buy zone " then forms one of the reversal patterns, whether " Bullish Engulfing ", " Hammer " or " Valley " in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about " Entry signal " and the special version of our " Price Action " strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.014600
TP2= @ 0.015040
TP3= @ 0.015700
TP4= @ 0.016550
TP5= @ 0.017900
TP6= @ 0.019340
TP7= @ 0.021610
TP8= @ 0.023870
TP9= @ 0.031190
TP10= Free
OMG accumulation updateWedges evolve, they are never stagnant.
In this case, OMG is still in accumulation. but sell volume is dropping.
We can see OMG go sideways a bit longer...but to see some upwards price action, we must break through the 9ema, the wedge, and a monthly level.
[OMGBTC][40% PP] OmiseGO Trade Signal @alanmastersOmiseGO (OMGBTC)
Buy in: 0.000370 - 0.000390
Targets:
(1) 0.000430
(2) 0.000450
(3) 0.000470
(4) 0.000560
Stop loss: Close weekly candle below 0.000340.
Thanks a lot for the support.
Hit LIKE if you enjoy and profit from this trade.
Namaste.
OMG Bull Divergence. Currently in accumulation First target ~690 sats
second target ~800 sats
final target ~1000-1100 sats
Omisego - Buy Opportunity ( Must read comment!)
I am going to start accumulating today OmiseGo in this support area in the next days. This is a major bottom and I see 2 trading opportunities here :
1- Buying now and setting a stop loss under the support area with a target at the main resistance.
2- Buying when Omisego breaks the main resistance looking for fibonacci levels as targets.
Overall indicators are looking bullish, but the main focus here is to buy because of the main support and not indicators. Also Omisego is one of the cheapest coins in Binance right now considering my statistics tools.
Do your own research, enjoy the idea and happy trading!
OMGUSD: The impossible sell target is close to being accomplisheThe first TP = 2.6561 has been hit and OMG is even near reaching our final 1.4942 target, which seemed impossible some months back. Needless to say the price broke the previous Rectangle and re-entered the 1W Channel Down (RSI = 32.200, MACD = -2.084, Highs/Lows = -1.0815, B/BP = -2.6173) which can extend for a Lower Low as low as 0.7727 (monthly SMA200). Once our last target is achieved, our long term sell strategy on Omisego will be completed and we will wait for a clear bottom (at least 3 sideways/ bullish monthly candles) to be formed, before we engage again.
** If you like our free content follow our profile (www.tradingview.com) to get more daily ideas. **
Comments and likes are greatly appreciated.
OMG - more room to dropBased in the market we are in now, i can see OMG drop a little more considering that BTC will be dropping more in the near future. If we dont break out this wedge here, we will keep dropping.
If you dont know BAKKT is coming out and the big players will be trying to accumulate BTC low.
Play safe and ride the trend :)
OmiseGO [OMG/USD] Risky Trade Opportunity!Hey!
Those who just can't wait and those who want to make trades on the risky market then here is a possible trade opportunity.
Technical trade criteria:
1. Round number $2.5
2. Trendline should act as a support
3. 50% from the current top
4. Fibonacci extension levels
5. Different timeframe RSI Divergence
It should make a pretty good profit but currently the market situation is a bit risky (BTC' shows some small signs to make another leg down, at the moment no clear confirmations) so maybe You want to wait a little bit or starting the laddering tactic.
Targets are on the chart - arrow top points!
Hopefully, this analysis helps You out a little bit to confirm Your own!
Please, don't forget to LIKE!
Have a nice day!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
$OMG & $XRP ADDED TO COINBASE? Head over to: custody.coinbase.com
and see for yourself.
Above are 2 charts, OMIG (white) & BAT (red)
The green box on BAT is when the Coinbase hype started.
Today we have reason to believe OMG is next.
NO ONE IS TALKING ABOUT THIS***
If OMISEGO gets added to coinbase whilst BTC is dumping it may be a non-event. Trade carefully in these treacherous conditions.
OmiseGo (OMG) accumulationThe well known Wyckoff method reveals us important patterns of the market accumulation behaviour. OmiseGo (OMG) is a good project that worth to watching closely. It prints very well accumulation
Wyckoff schematics #1 and it's entering the strong buying zone. Non technical fundamental bull scenario is possible Coinbase listing. You can see some evidence here - custody.coinbase.com
Supported assets were listed according to the visual order in the Coinbase custody layout - ETH, LTC, ETC, ZRX, BAT and now most likely follows OMG then Ripple.
$OMG Sitting On Daily Support $OMG has been riding this daily support level for a while now. Looks like a good place to start building a long position. Green box represents buy zone. Good R/R. Will update position accordingly.
Average Entry: ~.000500
Stop Loss: ~.00381
First Target Price: ~.0019
Final Target Price: ~.00129
Risk/Reward Ratio: ~5.6
OMGBTC good signal to buy chart No2Technicals only (Range Bar Chart)
This is another chart for OmiseGO and this one looks really promising. Look at the upside down head and shoulders formation.
This chart combined with chart No1 gives quite solid signal to buy.
I wonder how market will react.
OMGBTC good signal to buy chart No1Technicals only
I think market didn't move after it bounced second time from the 50000 area. Wick of the candle touched support created by bodies of candles year ago.
Double bottom is spread which gives bigger chance that the rebound will be stronger. It is still good time to enter market as the risk is very low. Also 50000 is working as psychological support/resistance area.
I set TP around 90000 or if the pair touch 200 Ema then trade should be automatically closed unless you are expecting massive movement.
SL around 45000.
