OMG to the moon, but first going to 0.02 ETHAs it seems it a cup is made, we'll wait for the handle and then see OMG break through resistance to go . Assuming all is good with the bull trend, the good signs are lined up for OMG.
The wallet will come at the end of the month too, alongside some news from the team, so OMG is surely to go up. Especially in the ETH ratio, with ETH lagging behind BTC and losing its ratio with the king.
Omisego
OMG/BTC Oh My God! Its time!Hello My Dear Supporters!
Chance for quick profits is here!!
Traders you have seen the accuracy in our trades this is a quick profit.
OMGBTC is working between established Support and resistance (The Blue Horizontal Lines) while looking quite bullish. We have EMAS lines up 20, above 5o, above 200 on the Hourly and Daily Chart. We have just seen a nice burst up, and are looking for a chance to join the fun.
On the Hourly we have just arrived at resistance in a break out. If this bar closes above the 0.001650 resistance level, I will buy the high of the bar. This is an aggressive entry.
The conservative entry is to wait for the 0.001650 resistance level to be broken, and then look for price to come back and retest from above, perhaps down as low as a 5 Minute chart. Once you have the retest look for a decisive Buying bar (Closing near the top), and buy above the high of it.
I am going to take an aggressive entry and buy it now.
Based on the current bar
ENTRY: If the bar/candle closes above 0.0001650, buy at 0.001663 (Or Buy it now)
Stop Loss 0.00161
Target just before the Pink and Blue lines
0.00169 Target 1
0.00175 Target 2
0.00180 Target 3
If you are going to make Dollars your decisions need to make Sense. There is a time to just get in, You need to understand and Love the trade to do so.
Look forward to earning great profits with my loved supporters this year! Follow for more $$
Quote of the day
"The stock market is filled with individuals who know the price of everything, but the value of nothing." - Phillip Fisher
Another testament to the fact that investing without an education and research will ultimately lead to regrettable investment decisions. Research is much more than just listening to popular opinion.
OMG Chart Analysis (Binance)Hello fellow traders!
I hope the day is treating you well. Let's take a quick look at a couple of indicators on the 1d chart I have been following on an idea originally published by Alan Masters. He noticed an extended downtrend period that finally formed a solid bottom after several false alarms. OMG looks strong and is behaving strongly. Additionally during the market correction it managed to hold its value very well.
Let's start by noting the DMI. The +DI is crossing over the ADX, almost vertically, while the -DI is falling. This looks bullish to me. It is a sign that a new trend may be forming. You can see that the MACD is crossing over into bullish territory as well. The RSI has also been trending upward since the 5th of February. There has also been some nice bullish volume today. All these are really good signs that OMG is on its way up.
Studying the candle formations on the 1 day charts we can see that OMG is in the midst of a measured movement up. However, over the duration of the correction OMG has encountered some thick resistance between the 38.2% and 50% fib lines. Factoring in the mood of the indicators, I would not be surprised to see the resistance at these levels dissipate.
A breakout and close above the 50% fib line would be a safe and smart entry point if one were so inclined.
I hope you find this analysis helpful while you travel these chart-filled lands.
As always, trade safe and smart. And take luck!
OmiseGo Bullish MarketOmiseGo token price is moving above the 20-Day EMA line. OMG is in uptrend since beginning of mid-December, and has crossed above the 100-Day EMA. The token had formed an inverted head and shoulders, leading to the bullish trend. The RSI is still not in the overbought zone and above 50, indicating that the token has still momentum left in it to touch the resistance level at 0.0021. While MACD is below the zero centerline, it has started moving upwards.
OMGUSD road map into MarchLooks like we are on wave3 right now and reach 1.618 Fibonacci extension level which is a standard target in Elliot Wave for wave3, prepare for a 0.5 Fibonacci correction for wave 4 (just like wave 2 with 0.5 Fibonacci retracement), then OMG should make a wave5 upwards and aiming $30 and beyond. (in crypto, we often see wave5 is the longest instead of wave3)
OMG/BTC - 2/16/2018As the price of OmiseGO has begun to steadily increase, a major point to consider is the retracement of the price. Due to this, I have applied a few fibonacci retracement levels that seem to be very relevant at this current price point. Recently bouncing off the 38.2% fib retracement level, OMG is now testing old resistance levels to see if this bullish push is able to continue. In terms of this resistance level, if the current candlestick and (preferrebly) the next close above this resistance level, this would be considered a solid entry point. Even more so if the price is able to surpass its previous high at 0.001844. If the price were to reach this level and reverse due to forming a double top pattern, the bearish targets would be around the 50% fib retracement level, where the most recent push started. This is not marked on the chart due to the slim chance that this will happen. I'm making the assumption that this level will be breached but very gradually due to the great decrease in recent volume. If the price doesn't continue to increase immediately after breaking the mentioned resistance level, the price may reverse and encounter strong support levels at the Leading span A of the ichimoku cloud, the 3/1 Gann fan line and the 61.8% level of the longer term fib retracement. This area is where I expect the most support to lie and be the reason for a bullish reversal that will lead the price to its next (higher) high price.
Important Resistance Levels: 0.001992, 0.001802, 0.001629
Important Support Levels: 0.001409, 0.001122
DISCLAIMER
WITH THIS CONTENT CRYPTOCURRENCY CAPITAL LLC OR ITS AFFILIATES DO NOT PROVIDE INVESTMENT, TAX, LEGAL OR ACCOUNTING ADVICE. THIS MATERIAL HAS BEEN PREPARED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT INTENDED TO PROVIDE, AND SHOULD NOT BE RELIED ON FOR, TAX, LEGAL, ACCOUNTING OR INVESTMENT ADVICE. YOU SHOULD CONSULT YOUR OWN INVESTMENT, TAX, LEGAL AND ACCOUNTING ADVISORS BEFORE ENGAGING IN ANY TRANSACTION AT YOUR OWN RISK.
CONFLICTS OF INTEREST
GIVEN THE NATURE OF THE FUND’S BUSINESS MODEL, IT IS NOT POSSIBLE TO FORESEE AND PREVENT ALL POSSIBLE CONFLICTS OF INTEREST THAT MIGHT ARISE OVER THE LIFESPAN OF THE COMPANY. AT THE TIME MATERIAL WAS PUBLISHED, CRYPTOCURRENCY CAPITAL LLC, ITS AFFILIATES, OR ITS PRINCIPALS, MAY HOLD LONG/SHORT POSITIONS IN THIS PARTICULAR COIN.
Written by:
Arham Bheda
Senior Research Analyst
OMG - new possible gainOMG seems to be in a consolidation phase.
Daily MACD seems to have an ascending path, it broke the cloud on multiple timeframes and may test it again.
GMMA squezed on 12h.
Will look to buy on top of 1h and 1d cloud and will sell some into the old resistance area and few at key fibonacci points(2.272-2.618).
OMG Gains Looking Highly Likely - OMGBTC fib ratio tight Generally: This is a limited scope fib retracement, supporting the trend-based extension. I will regularly plot these for 6 or more pairs over the next 12 months in order to complete an backward looking analysis on a series on tools (TA and others), used by many in trading/investing in crypto. Now, on to a description of the current 1 day chart and some commentary.
Fib retracements plotted on various low/high wicks between two date ranges:
7-14-2017 to 9-12-2017 and
12-8-2017 to 1-13-2018
The dotted white lines indicate confluence within each range. In two instances (see notes on left side), there was significant/tight confluence between the distinct ranges.
Shown here, a Fib extension based on the retrace from 7-14-17 to 9-12-17.
My take: deep regret I didn't plot the extension in mid-September and enter limit orders accordingly. Congrats to those who did, as I am confident there's a lot more upside in 2018.
If you take a moment to place a Fib extension based on the 12-7-17 // 1-12-18 date range, you will see an overlap at Fib 50% or OMGBTC 0.002. You'll notice some other interesting patterns and consistencies as well.
This is an instance whereby one could have blindly traded using this very basic tool and actually made considerable gains. If only we could identify the assets that play by the rules. If anyone has figured that out, lemme know ASAP. ;-|
No advise here, other than to look elsewhere for advise. Thoughts and criticisms, however, are welcome.
OmiseGO, professionals at work.Important part of the ETH ecosystem, and Ethereum is doing very good lately.
I'm not that interested in ETH, so let's rather have a look at OmiseGO :)
Fundamental
So.. I've had OMG since I started the spreadsheet method.
It's in profit, but should have performed better considering the overall increases.
I'm holding on, and feel this is a very nice time for buying as well.
"Unbank the Banked with Ethereum" reads their webpage.
They are out to disrupt , and I can get behind that.
OmiseGO is founded in 2013! They are making progress and expanding rapidly.
"The secret behind the building of Omise’s success is our focus on understanding and addressing real business needs in an easy, integrated and secure manner.
Leveraging our in-house expertise in the payment market and experience in implementation and commercialization of financial products, we believe OmiseGO has the potential to be a global standard for exchange and payments."
- @Apompliano | The most intelligent engineers I know are all incredibly excited about OmiseGo (OMG). It is the...
OmiseGO does not hold the spotlight, but it has the potential to do so in the future.
Technical
My target is up at 62 USD , where you can see we have two fibs perfectly lined up.
We got a trendline, aswell as a channel. And we got a pitchfork to look for support/resistance :)
Bibox | Blog Post
Yesterday me and Koinworld got into Bibox, and it's returning good results already! ( Up 33%)
OMG/BTC 300% MOON SHOTOMG is a coin that respect both FIBs and Levels A LOT. For that reason it is a safe bet for me.
Purple lines and FIBs all match up on levels that it bounced off of during the downtrend which was confirmed to be done when OMG went from 0.0005 to above 0.0011. This market is VERY bullish despite BTC dropping like a mad man.
Expect OMG to go up BUT be aware of BTC which is still bearish and as we all know if BTC decide to drop it will kill every alt coins current potential for growth for the moment.
Follow me on telegram if you want to be updated on this trade and like this chart if you agree!
OMGBTC - breakout from the downward channelIt did break out from the downward channel...a good for Omisogo for a falling wedge bullish signal.
OMISEGO BULLISH?OMGISEGO
OMG/BTC
Omisego looking bullish.
- RSI @ 53, neutral but becoming oversold.
- MACD trending well, last crossed on Feb. 6th, and continuing in new trend nicely.
- Bollinger Bands have narrowed indicating a sideways trend may have formed for the time being. BUT they also seem to beginning to widen again, indicating another outbreak imminent, and with a current upwards price movement so far, the outbreak may very well be a bullish one.
- Watch the Fib Retracement levels, if we can move upward past 0.5, expect further bullish movements.
- Is continuing in recently formed upper price channel.
- A beautiful reverse H&S seems to have completed, now awaiting outbreak.
- Yellow lines forming ascending triangle.
-Overall downward trend has reversed, but will trend reversal continue? That really all depends on what Bitcoin does.
OMG needs a little retraceSupport became resistance. Waiting for a higher high or drop to buy zone before I'm going back in.
OMG Cup N Handle Testing Resistance! OMG is currently on the Cup N Handle Break out.
Bought in at 1436 and rebought more at 1467.
Not sure of the velocity in Growth, but its headed in the right direction.
Slow Steady growths into February.
OMISEGO/BTC Forecast [Possible Cup&Handle Formations]- 1/27/18Forecast for Omisego
- RSI @ 49 currently, neutral as it is neither overbought or oversold, if RSI continues downward towards 30, OMG becomes more oversold and more bullish.
- MACD's last cross was January 17th, expect it to cross again in the very near future (maybe a week or two). Expect price breakout to be bullish.
- Bolling Bands are clearly narrowing, indicating a temporary trend has formed and may continue sideways. Once Bollinger Bands begin to widen again, we can expect a breakout, most likely a bullish one.
Charted two Cup&Handle formations, would love to hear everyone else's thoughts on them!!
Green Cup (longer, bigger cup trend) shows a possible cup formation in progress. If current trends can pick up and hit the 0.786 Fib Retracement level, we can expect a quick and temporary dip (known as the Handle) before further explosive breakout.
The 2nd Cup formation (the blue Cup), is also another possible Cup&Handle formation, this time, the Cup has already formed and we are just waiting on the Handle to complete its formation. If Handle completes, expect bullish momentum, possibly bringing us up to the 0.786 Fib Retracement level and maybe even finishing the 1st larger, green Cup?!!???
- We can also see that the 2nd,
smaller, blue Cup has a Handle the
seems to be forming a Falling
Wedge, which also indicates
upwards price movements once a
breakout occurs.
Also have a Symmetrical Triangle (black dotted lines, passing through the 2nd, smaller, blue Handle). This can also give us an indication of possible future trends from which ever way the breakout starts.
Support level has been drawn out, might seem sort of high, in any case, it is probably a good idea to have more than one support level drawn out.
Cheers!!
Look at omisego!Would like a buy at this leve land take out the previous high. stop loss below todays low 0.001346 target 0.002