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Omisego

OMGUSD Fibonacci resistance linesA bearish triangle appearing with the 38% fibonacci retracement, which should have some good support. However, if this breaks downwards, we could see prices move to $6.50, and maybe even $5.00. I'm expecting price to consolodate around the 38% line where it currently is, but wanted to show some resistance levels in case any were wondering. A third uncharted option, is that a head and shoulders pattern occurs, and we see a steep drop in price to around $3-4.00. The price currently would produce the neckline. Long term, OMG is a great project, it is still very bullish, and I expect it to keep climbing (long). Resistance lines will act as great buying opportunities. In the very near future, it may take a little while to recover, so I expect some consolidation at this point. What do you guys think?
BITFINEX:OMGUSDLong
by Shwayze
3
OmiseGo the steady climberWell , this is a map with no special target , only to follow and keep track of the overall bullish trend around this share , OmiseGo is under big market movers right now , it has seen a strong growth and a lot of buyers since , whales have suppressed the price and we are now between 215 / 240 since 3 days. Since there's a lot of news coming with OMG this month , i would take the risk of a small investment , of course , this is only my opinon , not an advice , if you can catch a price near the 0.0022 mark or even between 0.00213 and 0.0022 ( in the case the coin dont go lower of course ) Im not a professional and it is only for speculation and only a idea , not a financial advice , have a great night / day
by lynxlanglais
2
OMG on days to comeI see 2 possible scenarios for OMG on the days to come... One of the scenarios suggest it will find its way to 25, and there it will start to drop following an ABCD pattern with a final price around 23.. The other one suggest to reach around the 28, as the top the elliot impulse wave, and the it will start the retracement following an abcd pattern. DONT FOLLOW MY ADVICE, I ALREADY BOUGHT AT THE DIP, SO IM NOT RISKING BY TRADDING AROUND WHERE WE ARE NOW EVEN IF IT DROPS.
by bobtuozzo
1
OMGUSD OmiseGo Target $15.28. Double your money!!!I want to show you something. I'm not saying this will happen but... Take a look at this chart. It is beautiful. And according to what it is telling me, we have two (possibly three) more days MAX (but probably less) of consolidation for OmiseGo. Once complete, we would break out and above our shorter downward sloping ORANGE trendline. Of course, the possibility remains that we could break down too, BUT remember, the trend is your friend. And there is more reason to believe OMG will go higher including but not limited to: - Bitcoin continuing to lead upwards - Great support at 78.6% ($7.60) - Current trend for OMG - Middle Bollinger rising rapidly for support - etc. Our longer term (maybe not till October) target is $15.28 (161.8% Fib), DOUBLE CURRENT PRICE! At which point you will be yelling, "OMG"! WARNING: This is a high risk trade with risk of big losses. You MUST put in your stops properly. Stop out would be at $7.60. Trade carefully and, as always, happy trading my friends.
BITFINEX:OMGUSDLong
by stewdamus
5
A re-projection of original triangle pubbed by myself 3 days agoOMG ended up deviating slight lower from original projection than anticipated. This has yet to present any real problem. The priceline is still continuing to follow the pattern once adjusted for its slight deviation, with the timeline remaining the same, just with a slightly lower entry point, great for new buyers. OMG is showing great stability and text book consolidation. I'm expecting significant movement in the next 12 hours.
Long
by KnifeOfPi
5
OMGBTC 4H CHART OMG MARKET CONDITIONSA week after our last analysis, OMGBTC pair, is still in range and overbought, however, rising triangle still formed, with possible entry levels on the chart. A break bellow triangle should trigger Stop-loss and could lead to next resisatance zone near 0.00129 IMO, it is more likely a break bellow support rather than a break over resistance because of RSI bearish divergence. Market will tell. WNZ Get live updates and analysis of the cryptocurrency market: t.me
by WaineNZeddmo
5