OMG/USD - Caution advised!OMG/USD reached the first target of a AB=CD pattern at 12,55, second target at 8.30 is a bonus but it´s also a critical level.
If OMG breaks support of the bullish trendline than a potencial head&shoulders pattern will come into play with targets I´m scared to mention.
In my opinion caution is advised on this cryptocurreny!
Omisego
OmiseGO (OMG) Quick 200% (Binance, Bittrex, Poloneix & BitFinex)Let's take a close look at OmiseGO (OMG) for a quick trade.
This is a very strong coin which is available on Binance, Poloneix, BitFinex, Bittrex and other exchanges, so this trade is available for everyone basically.
OMG is a very active coin and it has been seeing positive upward action for a while now. We just bounced from the support line of an ascending channel, so there is room for more growth. Several other indicators are also telling me that this coin can be good for a quick and risky profitable trade.
Let's take a look...
>>> Below you can find the trade instructions:
Buy-in: 0.00148 - 0.00178
Targets:
(1) 0.00198
(2) 0.00228 (Aim for this target)
(3) 0.00248
Additional targets (longer term):
(4) 0.00278
(5) 0.00358
Stop-loss: 0.001420 (Maximum risk about 20%)
Note: The stop loss is recommended for this trade. If the trade goes south, the stop loss will cut your loss and kick you out of the trade.
Here you can see the ascending "green" channel on the daily chart:
>>> Message
Patience is the key to success...
The key to success when trading cryptocurrencies...
When organizing your life (solving problems)...
When trying to achieve happiness & wealth...
Patience and deep breathing is the key to attaining everything you want, good or bad, in this lifetime.
Namaste.
OmiseGo, Another Ascending Triangle.Hey everyone!
Another Idea is here!
The last OMG Ascending Triangle has sucesfully broken out just like on my Pattern!
I am still really bullish on OmiseGo.
Hope the number of arrows is not confusing, again I tried to make it simple, so anyone is able to understand the Chart properly.
Buy - 1 650.
Target - at least 2 100.
If you agree or dissagree comment bellow!
If it gets a little attention I will update!
Thanks!
OmiseGO OMG Forecast - January 2018 Sale!art shows how BTC's bleed dragged OMG coin down with it. OMG is currently trying to hold support level at 140,000. That support has already been broken and fib retracement (not shown in chart so as not to clutter) suggests next support level at 130,000. Hence it would be wise to place some orders between those levels.
Once BTC recovers, a reversal is expected and a bullish trend to form and potentially reach the flag targets in the coming days.
RSI: Oversold 35%
Events:
18 January 2018 Jun Hasegawa will be explaining OMG future plans
This is not an invesetment advice, always do your own research!
OMISEGO - ASCENDING TRIANGLE - 1/15/18OMISEGO looking to breakout soon, might be longer than hoped though.
Chart showing an Ascending Triangle, marking possible bullish movement.
If support levels are broken, stop loss is advised.
Overall Market is currently a sea of red, holding back any possible tremendous growth. If market begins to pick up again across the board, OMISEGO predicted to go a nice strong bull run.
My personal hopes are that NEO holders/short term investors flip into OMISEGO as they have done plenty of times before.
OMISEGO is, in my opinion, one of the strongest cryptos for 2018 and has a lot of room for massive growth. A great long term hold.
OmiseGo Could Correct DownAfter finding the support at $5, OmiseGo went up to almost $30, resulting in a huge 445% growth in just over a month. Obviously, $30 psychological round number has acted as a strong resistance, which is also confirmed by the 261.8% Fibonacci retracement level.
While the $30 resistance is respected it is likely that OmiseGo will correct down towards either $20 or $17 support levels, that is 161.8% and 127.2% Fibonacci retracement levels. At the same time trend remains bullish and the resistance should be watched for a breakout where the uptrend might continue. Nevertheless, now it could prove to be risky buying OmiseGo as the resistance is holding.
OMG - Another Cup FormationOMG has formed another cup formation. I published a chart on Dec. 31st showing that OMG had formed a nice cup shape. OMG went on the form a Cup and Handle formation which it broke out of on Jan. 7th.
IMO OMG will break out eventually, it could be soon or OMG may continue sideways to form a handle.
$OMG Trading Idea & 2018 Price Projection for #OmiseGOFollowing-on from its successful launch and fantastic run-up in the Crypto markets in the second half of 2017, $OMG has been able to quickly establish itself as a kind of "non-controversial" token, which most Crypto Currency enthusiasts accept as one that has a very good chance of delivering on that coveted promise of "Real World Adoption".
OmiseGO has many things going for it that most other projects don't, most notably are its association with the already established payments solutions company Omise in South East Asia, and the stellar list of individuals that are listed as advisors.
As someone who follows the space very closely, it seems as though VItalik Buterin has been supporting and promoting $OMG almost as much as he has been promoting Ethereum. This perception is potentially due to the PR efforts of the OmiseGO team, but either way, I view their useful use of marketing as a huge plus for the projects chance to be successful as well as a good investment.
Broadly speaking, it's my belief that in the coming years we will see the Digital Currency space fragment into different sectors/niches, utilities and regions. If this were to be the outcome and Crypto Currencies are indeed going to become "The Norm", it's very likely that a token like $OMG will come-out as a leader in the Asia-Pacific region. A region where #CryptoMania has exploded over the last 12 months.
In the meantime, my price projection is based on the theory that $OMG will have the type of year that $LTC & $DASH had in 2017. In the context of the volatile and unpredictable Crypto markets, $OMG is perhaps one of the safest bets to have a solid bullish run throughout #AltSeason2018.
For more information about OmiseGO:
omisego.network
For more information about Omise:
www.omise.co
Updated OMG Idea on the hourly chartLooks like OMG could be forming a bit of a longer consolidation pattern before continuing on. Looks to be moving in one of two possible channels which are marked. Retracement of last wave hit the 50% level nicely and the pattern is forming lower highs and higher lows. I've indicated a couple of possible sell targets in red. Good buy zones could be either at the bottom of the triangle or wait for the breakout of the upper trend line of the triangle to confirm a breakout. Always set sensible stops and have a clear strategy for managing trade sizes.
OmiseGo - Another Go Time!MACD about to cross indicating that the price is wanting to move higher and RSI forming Positive Divergence both of these things are support upwards movement. What needs to happen next is that the price needs to break resistance level and downtrend line which would give strong signal of upward movement. Partial of the profit should be taken near to the previous ATH and main targets are at 31 & 32.4 levels. If the price rejects buy order target and starts falling I have added possible reversal zone where should be seeked for another buying opportunity. If another buying opportunity occurs from the lower levels I will keep this chart updated with new targets.
Buy orders should be set above 24 level and stop loss below strong support (at 19.7 level).
If you have any questions related to this trade, feel free to leave them down below in to comments section.
Educational Part:
Did you know risk management is more important than taking any trades with ready targets.
Learn to manage your risks in every trade and build your own strategy around it. You will sleep better certainly.
Things to Remember:
-> Stop-loss orders are strongly recommended.
-> Beware of buying tops or FOMOS, you might end up losing or waiting long periods of time before getting anything back.
-> Do your homework before investing.
DISCLAIMER:
Please be aware I am providing this trading information for your benefit and insight to my trading strategies. You are responsible for your trading and investing decisions. It is highly recommended to do your own research before investing anything.
Yarr!
OMG Mild Bear ComingI'm theorizing that as the Kijun (yellow) line crosses over the Tenkan (blue), we'll see a TK cross that will result in a mild bear run if the cross happens above the cloud. Keep in mind, this is on the 4 hr standard so we may not see the bear for a few more days.
I'm predicting some good OMG buy opportunities. Keep eyes on the MA 50, 100, 200; they are all positive so this notes that the overall outlook for OMG is bullish, with the TK cross giving it a short-term bear run (whenever that happens).
OmiseGo Buy OpportunityThis is a short term trade. The price bounces from the support zone formed by SMA50, the uptrend line and 20.00 support level. RSI confirms price reversal. MACD supports upward movement. Pending orders for buy can be placed at 23.20 level. Stop orders should be at 19.50 level. Profit target should be at 26.00 and 30.00 levels.
A small map for the OMG journeyOmisego seems to have met its target and is back to more "confortable" areas and regain strength.
It is well known all the work that this company is doing in Asia and no doubt its future is bright, however for now my chart shows me that it needs to return to its support areas.
As always my idea depends strictly on the respect of the angles, so the breaking of any zone of resistance could invalidate the idea. On the other hand, crossing the support angles and areas confirms the downward movement.
Best wishes to all....
OMG: Big Run ComingIf you have been following Crypto for over at least 1 year. You would know Omisego is one of the project many people look forward to. Initially it had a huge run up and then a period where it was brought down to ATL, like many coins. However, Omisego has yet to explode in the way other coins did. If you check out Stellar Lumens before it big move. It is similar to this setup. I believe OMG will be running within this next few days. Check my old post on Omisego for a better perspective. What are your thoughts?
Trade with care.
OMG about to break out from a very bullish pennant for a move upOMG has been forming a nice bullish pennant after it's recent move starting on 6th January. The breakout from the pennant
will normally make a move at least equal to the length of the previous move (the flagpole) which would also touch precisely the 1.618 fib based on a trend based extension of a previous wave set starting on 22nd December.
Buy now or wait until the breakout of the triangle. Don't forget to use stops. 1st target zone is marked in red.