Omisego
Steem forecasted to reach $12 / $14 by June. Daily MACD Crossed.Steem seems to have formed a symmetrical triangle on the daily chart similar to what is seen on LTC and OMG (please see link below). The conditions of the symmetrical triangle is very common to what was published for LTC 7 OMG. If there is an outbreak to the upside, prices can potentially reach $12 to $14. This should be achieved between June to July as long as BTC keeps moving in the upward direction.
MACD on the daily is has crossed over which is a good sign of things to come.
The following conditions have been met for the symmetrical triangle.
1. The general trend of Steem is to the upside. We have consolidated in the triangle after a bullish move.
2. The triangle has been formed with 3 points on each side.
3. We can see the volume reducing
4. The triangle has a duration of 3 months starting from January
5. The breakout will be occurring at least 3/4 of the way through the pattern
Still waiting for the following.
6.We are still waiting on the breakout direction. We need this to be to the upside for the prediction of $12 to $14 to be achieved.
7. We are still waiting on the breakout confirmation.
These are just my opinion. DYOR before using anyone's opinion for trading.
Repeat same pattern ?OmiseGo already repeated down pattern. Will it be repeat Up pattern also ? watch and see
OmiseGo to hit $40 to $45 around May 2018OMG seems to have formed a symmetrical triangle on the daily chart similar to what is seen on LTC (please see link below). The conditions of the symmetrical triangle is very common to what was published for LTC. If there is an outbreak to the upside, prices can potentially reach $40 to $50. This should be achieved between mid-April to mid-May as long as BTC keeps moving in the upward direction.
MACD on the daily is curling up as well which is a good sign of things to come.
The following conditions have been met for the symmetrical triangle.
1. The general trend of OMG is to the upside. We have consolidated in the triangle after a bullish move.
2. The triangle has been formed with 3 points on each side.
3. We can see the volume reducing
4. The triangle has a duration of 3 months starting from January
5. The breakout will be occurring at least 3/4 of the way through the pattern
Still waiting for the following.
6.We are still waiting on the breakout direction. We need this to be to the upside for the prediction of $40 to $50 to be achieved.
7. We are still waiting on the breakout confirmation.
These are just my opinion. DYOR before using anyone's opinion for trading.
OmiseGO (OMG) Possible ScenarioOmiseGO has crossed the local (March) downtrend line as well as 0.236 fib retracement level. This may be interpreted as one of a reversal signals.
Possible scenario: OMG goes up to 0.618 fib level (Target 1), then bounce back to somewhere between 0.236 and 0.382 levels. After that it may turn back and finish the right shoulder in inverse Head & Shoulder pattern. This may give OMG the ability to make a run to the previous high at 0.00196 BTC (Target 2).
If it can break the previous high level, then the next Target 3 is at 1.618 fib level and is 0.00246 BTC.
Short now -> Pump laterOmisego fell under strong supports. The short should continue to a purchase zone in the green box, between 0.0012 and 0.00105. If the bitcoin does not get into a powerful crash, OMG will return forcefully to 0.00135-0.00138 or above.
OMG (OmiseGo) tunneling - linear continuationLike the previous OMGUSD channel from my analysis begin of March following up played out perfectly (see ), we can see OMG now opening a new channel in a sideways progressing.
Thus I'm keeping the exact same downtrend channels on the linear 4h (purple dashed) extended to the right, while further fully capturing the last channel.
Resistances to keep an eye out on next development:
- 200 EMA confirmed support/resistance indicator (dark rose)
- 78% fib retracement (nearly falling together with the 200 EMA)
- further intact macro channels (blue solid)
- long term uptrend (green solid) - pierced/weakended at Feb-6 + dumped at March-14 = acting now as resistance
- purple channel's new end - a subsequent upbreak of the current purple channel at the $13-14s could send OMGUSD directly to the end of the blue macro channel in the $16-17s, followed by a common trend resistance in the $18s (green dashed)
OMG (OmiseGo) tunnelingIf you're currently lost in all over #crypto by everywhere predictions of H&S, invertedH&S and confirmation or not, just try viewing in channels.
In example of OmiseGo (OMGUSD) on the 4H advance
Omisego (OMG/BTC) Bulish
OMG is very optimistic and develop his rally, he got behind in the last and now he should receive
Sign in now and see the possible targets
OmiseGo OMGUSD
Short-term(1-1.5 week) : moving to the S(support line)
Long-term(1-1.5 month) : TR(target) - 20$
OMG: uptrend despite crypto slumpAllthough I currently hold no position in OMiseGo I really like this token. OMG is about banking the unbanked, starting off in South East Asia. It is an ERC20 token and the first Plasma Network crypto (scaling solution that should allow for up to 1 million transactions per second!). It aims at allowing cross platform operability with a whitelabel SDK wallet (for instance transactions between Paypall and Alipay!!). Their ambition is to process every single transactiojn on the ETH blockchain. They allready have an impressive list of partners as well as advisors, just checkout omisego.network
Price development of OMG shows just how robust this project is, while bitcoin and most alts have been slumping since early january, OMG has allready taken out january's high (in btc price that is). The token is currently in an upward channel pretty close near the low range of this channel. RSI has given us 'Hidden Bullish Divergence' which indicate underlying strength and a good entry or re-entry moment (buy the dips). Look for a move towards the upperband of the channel (near 0.002btc) and if altseason takes of way beyond that!
OMGBTC1 Hour Chart
Dotted Blue line are 1 day support and dotted red line are 1 day resistance
Red line are targets/resistance and green line are support line
1 saatlik grafik
Mavi Cizgili cizgi 1 günlük destek cizgisi ve cizgili kirmizi cizgi ise günlük direnc cizgisidir
Kirmizi cizgiler hedefler/direncler ve yesil cizgiler destek
OmiseGo short term 30% profitOmisego started a new 5 subwave sequence and is currently in the 2th subwave. We can also confirm this when we look at the MACD, The begin of wave 1 has a bullish crossover, and the begin of the current wave 1 has a bullish crossover. OMG has the potential of 30% profit in the upcoming days-weeks, ofcourse this is only valid when BTC has enough buyers.
Omisego is setting up Omisego is setting up!
-falling wedge (bullish sign)
-77ma positive 231 flatline (bullish sign)
-RSI neutral
-MACD is about to do a crossover
*DISCLAIMER*:
I am not a financial advisor nor am I giving financial advice.
I am sharing my biased opinion based on speculation.
You should not take my opinion as financial advice.
You should always do your research before making any investment.
You should also understand the risks of investing. This is all speculative based investing.
5th wave ? Omisego is on the 5the wave ? OMG can really make us will say oh my god .
if down below orange line, elliot will fail and stop loss can be useful.
educational purposes only
OMISE GO OMG OMG OMG GO GO GOOMG H&S most promising currency. RSI oversold. 15$ OMG goes to 30$ OMG 100% for us. GO GO GO. Good Luck.
OMG/BTC looking decent on the one dayYou can see we previously completed an inverse H&S signifying the reversal of our downtrend.
We now have what looks like a cup and handle forming.
RSI nearing oversold levels and beginning to reverse.
MACD (potentially) starting to turn over as a confirmation.
I say go long.
T1: 180-200
T2: 250
T3: 300
Not financial advice, blah, blah, blah.
Omise go - A bright future ahead. Good evening traders, lets quickly jump into our OMG analysis.
As we can see on our 4h chart, omg is making lower highs and lower lows, the price just broke the 50ema and now its testing it as resistance.
On the 12h chart, we have already a higher high and the price might wanna make a higher low, the 50 ema is working as support for now, we need look out for the price action on the 4h timeframe now.
A good reload zone is marked on the 12h chart channel.
OMG is a very nice token with good fundamentals, so there is no need to use stop loss here unless you are a day trader.
For short term targets , 20 usd is only fair.
Medium term, 30 usd .
And for long term, i dont think its any absurd if we see OMG above 50 usd this year.
A break and close above our downtrend (green) will give us confirmation that omg is ready to reach higher levels again.
The volume is decreasing so i guess there will be some action very, very soon.
Good trades everyone.
OMISEGO deserves more than that (Great Buy Opportunity)Hi guys,
I am reducing the number of coins to up to 2 per week. For that, I am Working on all the alt market to make sure that I provide you great content and coins that are the most likely to go up.
The coin for today is OMG and it offers a great buy opportunity. Due to the mistakes I have made in the past, MACD and other types of moving average does not appear a great indicator for a buy signal. Considering the RSI and the trend, but also the technology behind each coin, OMG is a great buy opportunity.
For the ones that are looking for quick gains, it can offer you a 15% up to 20% short gains.
Those with a long term vision, sky is the limit.
Make your choice and make MONEY flow $$$$!
Good luck!
