Get started

Omisego

OMGUSD (1D): Uptrend possible. Targets 8 > 10 > 12 > 15 > 19 USDOMG is based on the "Be your own bank" approach. It is engineered to use eWallets. It is based on the Ethereum. It will activate its own blockchain in the fourth quarter of 2017. OMG is a decentralized payment network that combines Fiat and cryptos. User do not need a bank account to use OMG. After a strong start, the consolidation could be completed and an entry interesting. Targets: 8 > 10 > 12 > 15 > 19 USD Let's see what happens. Happy trading. :-)
BITFINEX:OMGUSD
by BTCINVESTING
15
OmiseGo New Entry LevelRSI confirms reversal in the price movement. The price has been bouncing off from the support level around 7.5 and ma50 which is giving confirmation for further upward movement. Buy orders should be set above 8.5 level. As RSI has climbed this high it's possibility for retrace is high. Might be that retrace is small in term of the price but I recommend to be extra carefulness with this trade! Always remember to use stop-losses! Note this is a longer term trade! Trading information: Buy: above 8.5 Profit targets: 9.2 near resistance level and 10.5 Longer Term Profit: 12 level Stop-loss: 7.5 Things to remember: To trade safely we need to use stop losses in case something goes wrong. Note this is a long term trade! Requires patience and flexibility to adjust the sails of the market movement. Always be aware of things, trends and events what's happening around the current crypto you are trading. They may have big impact on the price movement! It's better to wait than to regret. This is important when you are doing long term investments! Knowledge behind of your trades gives you success, more often! Any questions or need help? Feel free to leave comments and feedback! Yarr!
BITFINEX:OMGUSDLong
by yarr
3
$OMG - hitting rock bottom, almost out of the holeIt was a wild summer OmiseGo OMG! OmiseGo had a very good run caused by the well orchestrated hype marketing campaign with all those Vitalik and Google selfies. The price rocketed and probably made many millionaires overnight. This surprised a lot of people, including the OmiseGo guys themselves, why? Because the most important thing to know about OMG is that currently there is NO working product behind OMG. The potential is huge, no doubt about it, but the roadmap is very, very long. Long time people were very confused about a lot of positive news involving OMG, but actually coming from Omise. Only many weeks later, everyone realised Omise and OmiseGo are two different entities, and that even if 1. Omise is a very successful company and 2. OMG will help Omise become even more successful in the next years, for the time being there is nothing much to do with the OMG coins. When this realisation hit, people started to sell, big time. So here we are today. OMG was is downtrend for the past months and now it looks like it's finishing the bottoming pattern, the inversed head & shoulders. Sooner or later, OMG should be ready to start another cycle. When that happens, hard to say. The next notable fundamental news and roadmap milestone for OMG should be happening in summer 2018. Then you would be able to stake your OMG tokens, meaning generate a few percentage of more tokens automatically. This ia interesting for a lot of people, even if it's a low percentage and you need quite a big stack of coins for this. Looking at the day chart, I see a sideways move at the moment. we have good support at 90 levels, and even stronger support at 60 levels. There is indeed a good chance the price (in BTC) can visit the 60 - 70 levels. So in conclusion: 1. If you are already in it, a.k.a. Long HODLer, depending on your entry price, keep holding, but keep in mind, it might take a longer than a few months until the price goes back up. 2. if you are not into this yet, but you believe in OMG on the long term, you can definitely think about starting building a position as shown in the chart a) first part of your money now agressively on the bottom of the range (90 levels). b) another buy at 70 levels in case it goes there. c) Keep the rest for when we break the range. Let me know if that was helpful or if you see it otherwise. Thanks!
Long
by TheBigNova
6
OMG swing tradeWith all the latest news I felt quite insecure about leaving funds in tether, so I was looking for a swing trade. It's been a strong week and whilst many coins have already increased significantly, I didn't want to buy at the top. I noticed OMG hasn't increased, but has had early signs of an uptrend continuation - I indicate this where the 50 day MA crosses over the 100 and maintains for several days. Entered the trade at approx $7.8 with a target in the $12-13 region. I expect to hold for 1-3 weeks on this one, let's see how it goes.
BITFINEX:OMGUSDLong
by kingretep
2