Get started

Omisego

OmiseGo VS Bitcoin - A Perfect Buying Opportunity?Clearly, OmiseGo trend is up, while it continues to produce higher highs and higher lows, not to mention that price stays above the 200 Moving Average. While the trend up is valid it is just a matter of searching for a perfect buying opportunity. Is it possible that today is the day? The opportunity day? Well, it certainly could be!  OmiseGo has reached the high at btc 0.0019 and corrected back to btc 0.0016 where currently it is facing a very strong resistance. The lower trendline of the ascending channel is being rejected. The 3/1 Gann Fan is being rejected. The 38.2% Fibonacci retracement level is being rejected The 200 Movin Average is being rejected The support at the btc 0.0016 is massive and if OmiseGo will hold this area, the probability of the uptrend continuation shall be extremely high. Although it could be better to way for a confirmation - break above the downtrend trendline. On a downside, break and close below btc 0.0016 might result in further correction down towards 76.4% Fibs at btc 0.0013, from where the long-term uptrend is expected to continue.
Long
by CryptoPAMM
2
OMG/USD Volume Analysis Prediction 2/27/2018Hi, friends. OMG coin is stronger than the market (BTC and ETH) for now. We see a clear bullish initiative. The uptrend will continue its movement. Better way for now is to wait a correction wave to the max volume (P O C) of February and then buy. Trade recommendation: Entry point: 19.75 (aggressive) and 17.75 (conservative) Stop: 16.99 Target1: 22.75 Target2: 23.50 Target3: 24.99 Glossary of terms Point of Control (P O C) – The price level for the time period with the highest traded volume . Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion. Balance - Accumulation Area. F L - flat level. T L - trend level. Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
BITFINEX:OMGUSDLong
by mooncatcherpro
1
OMG/USD - Mega Bullish - Buy ZoneThe impulse is not the prettiest, but both wave 2 & 4 retraces slightly. These slight retracements show positive market sentiments of OMG, and it should be reflected in future price action. In my opinion, it will be extremely bullish. Wave 2 often retraces to .618, but looking at wave A, it does not seem like it will be the case for OMG. Watch out for price reversal at a:c = 1:1, it would be too early a buy for me. I prefer the green box, with a:c=1:1.618, confluence with .382 ret, and in the region of wave 4 of bullish swing. Good luck.
BITFINEX:OMGUSDLong
by someone514
1
OmiseGo Trend Is UPAfter reaching the all-time high at $29, OmiseGo corrected down to 76.4% Fibonacci retracement level that has been rejected cleanly, together with the uptrend trendline. The uptrend remains valid and the price continues to print higher highs and higher lows on the Daily timeframe. After rejecting the Fibonacci support OMG/USD once again started to produce higher highs and higher lows, confirming the uptrend on the lower timeframe. Currently, the short-term consolidation could take place, while OmiseGo remains bullish. The nearest upside target is seen at $35, that is 75% growth potential from the current price. If OMG will correct down, a good buying opportunity should present itself around $17 level. In the worst case scenario price could correct back down to $7 or $11 support levels and only then continue the uptrend.
BITTREX:OMGUSDLong
by CryptoPAMM
1
OMG still bullish. Look for a three wave correction.OMGUSD 1H Hey guys, as we can see on many alts including OMG we have completed a five wave structure to the upside that has started when BTC hit 6k. After that, a minor five wave structure which can be labeled as wave (a) of a bigger three wave (abc) started and has now finished. I'll be looking for a minor upmove (wave (b)) and finally for another bearish minor impulse (wave (c)) to complete the overall corrective structure at one of the marked levels ($15, $13.50, $12). As you can see on the chart I have labeled the top of the five wave upmove as (1). Therefore I am expecting a bigger bullish impulse (wave 3) after the completion of the abc correction. Cheers Bud
BITFINEX:OMGUSD
by BudBronson
6
OMG/BTC POTENTIAL!! DON'T WE ALL LOVE OMG!Hello everyone!! Here's one of my favorite coin currently on the market!! Don't get me wrong though it won't avoid BTC moves BUT it has a lot of potential. Everything on this chart looks really BULLISH to me. OMG is/was ready to go before BTC decided to make a move. You can CLEARLY see that its working these fibs like a charm on top of that clean bull flag. IF BTC decide to not make this 5th wave it might go faster than we think and not go further down. Remember risk vs reward is what you should be hunting for in this crazy volatile market. RISK MANAGEMENT should be your priority. DO NOT GAMBLE. Just keep an eye on it and let the chart show you the way :) Again, this is not a guaranteed move but VERY possible. BE SMART. Thanks for sharing if you liked :) Pan / CryptoCerwin Twitter : twitter.com
OLong
by Pancarte
1
OH MY GOSH Becky! Look at OmiseGo! A technical chart analysisThis idea is a continuation of one I started at my last profile. Follow the link below if you would like to start from the beginning. All future updates and new ideas will be posted here. Alright, let's get to it! I've drawn in all the lines and support levels from the last post so yall don't have to refer back to other places. As my mind's eye predicted OMG has become bound inside an ascending triangle. We had our first touch of the top of triangle at about 8:00 UTC and is moving downward. This confirms my intuitions from the last post. What we are looking for now is an increase in volume as we near the pinch point of the triangle, that could potentially signal a breakout. A safe and smart entry point can be made if and when the price breaks and closes above the top of our ascending triangle pattern. The 50% retracement line and the top of the upward channel should act as resistances once a breakout ensues. Below is a shot of the 4-hr chart where I have updated my original 'new trend' lines to sync up with the more recent price movements, as well as overlayed the 7, 25 and 100-EMA for possible support levels. As always, have great days or nights, where ever you are. Trade Safe. Trade Smart.
O
by WildmanCryptoConsulting