OMG, here we go again!Oh my god, it's pumpseason and I would say that the OMG Network is going to have another pump soon !
OMG already broke up this triangle , so I think there is chance for run to 12.3 and even more. I set BUY LIMIT to 9.965 in anticipation of pullback before going up again. Check the related idea...looks familiar? 😊
SL : local low
TARGET : height of the triangle projected from midpoint of the local range (BUY LIMIT - SL)
RRR : 5.4
INVALIDATION : when SL level hit
Like & Enjoy!
Omisego
OMG Will Have You Sayin' "OMG"Clearly OMG has broken out on the BTC pair. Currently back above the 200 DMA and this should be a fun ride over the next 3-4 weeks. Measured move takes it back to late August 20 levels. Priced in USD that would be $26-$32.
I am primarily a swing trader so I'll be holding on for the whole move. Critical levels are marked in dotted yellow lines for those of you more inclined to take profits.
Remember this is only my formed analysis outlook. This is not an endorsement or recommendation to buy or sell.
OMG to $30OMG target 1 is achieved, hold it for other 2 targets and our final target of $30.
In today's video we have discussed if 2017 top gainers can do the same in 2021. Must watch.
OMG Buy TradePrevious supply zone is acting like demand zone now. down trend broken but still not leaping. this is lika a compressed spring and longer the compress time higher the leap imo.
Its good to put stop due to correlation chance of bitcoin.
first target 5.49
second target 6.98
third target 7.83
long term possible target: 14.18
Omisego buy the dip.OMGUSDT - Intraday - We look to Buy at 4.94 (stop at 4.74)
Daily signals are mildly bullish.
Price action continued to range between key support & resistance (4.90 - 5.50) although we expect a break of this range soon.
The bias is to break to the upside.
Dips continue to attract buyers.
We look to buy dips.
Pivot resistance is at 5.53.
Our profit targets will be 5.46 and 5.91
Resistance: 5.25 / 5.50 / 6.00
Support: 4.90 / 4.50 / 4.00
OMG / BTC Informations part 2OMG has great momentum vs BTC . We are in a Altcoinseason , the first time in years. Don't underestimate the power of the Trends in crypto. But always take little porfits after such gains. I think it will go more up , but 1-5% profits are ok . Take in btc not $ . $ is out of the game for now.
OMGUSDT (OmiseGO) - BUY ENTRY ANALYSIS 🔎
- OMGUSDT brokeout above the double bottom neckline resistance.
- Price hit a swing high and retraced.
- Price retested the neckline resistance (flip horizontal support), key fibonacci retracement levels (0.5 - 0.618 - 0.786), and the ascending trendline support (ATS).
- There's a relatively high concentration of buyers at this retest zone (High buying pressure).
- The retracement was resisted by the descending trendline resistance (DTR).
- Price brokeout above the descending trendline resistance (DTR).
- This is a bullish signal.
BUY ENTRY ⬆️
- Market price (now).
TARGETS 🎯
- Horizontal resistance level (R1).
- Horizontal resistance level (R2).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- The ascending trendline support (ATS) is acting as a dynamic support.
- Breakdown below this trendline support could be an invalidation signal.
- The previous swing low (S2) could be used as the last validation level.
🆓OmiseGO/USDT Analysis (23/2) #OMG $OMGOMG is a very potential coin and it has dumped a lot from the 8$ zone so we can start to accumulate it at 2 zones : 4.5-4.7$ and 4.0-4.2$ zone
I will turn back to retest 6.5$ zone again but I don't think this zone can stop it and OMG may pump strongly to 12$ zone in March
📈BUY
-Buy: 4.5-4.7$
-Buy: 4.0-4.2$. SL B
📉SELL
-Sell: 6.5-6.8$. SL A
-Sell: 11.5-12$. SL A
♻️BACK-UP
-Sell: 4.0-4.2$ if B. SL A
-Buy: 3.0-3.2$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
OMISEGO 200% returnOmisego is fighting agaisnt the last resistance, U$6,50.
If OMG repeat the first pattern, could reach U$20 on the next weeks.
I really believe in this target, because the volume is high and constant.
OMG is a good project and the adoption is increasing every day.
A big volume breakout put OMG at U$20 easily.
EMA 50/200 bullish.
RSI bullish.
MACD bullish.
6 daily green candles in a row (bullish, buy pressure).
Omisego is VERY, VEEEERY close to pop!
200% return.
Cheers.
🔥 OMG Path To New All Time HighSince a week or so, OMG is seeing very strong results, stronger than most other crypto's. Current price action allowed the price to break above the previous resistance of $5.25. Since this resistance has been broken with force I'd expect the price to rise further, potentially making a new all time high at some point in the coming weeks.
On the chart I’ve marked two potential areas of resistance, R1 and R2. These areas are based on recent swing highs and round numbers. Do your own due diligence.
Happy trading!
OMGUSDTTrade is still valid, although the price is a bit slow. Once it goes, I think the potential is back up to the highs.
Oh My Gosh, here it comes!After the initial head fake (see related chart below), OMG broke out in the expected direction. The triangle has been slightly revisited. If I wouldn't catch the initial breakout, no FOMO. I would just set the BUY LIMIT, chill and wait for pullback. ;-) It comes often. BUY LIMIT @ last local high before break. SL last local low. TP is height of the triangle projected from triangle breakpoint. Invalidated when the SL level is hit. I just set SL&TP and forgot (I will not even trail the SL, or set at breakeven), I will let the trade breathe. Cheers!
Oh My God, I'm going to break!Tracking triangle breakout. BUY STOP-LIMIT @ last local high. SL last local low. TP is height of the triangle projected from triangle breakpoint. Invalidated when the SL level is hit, even if the BUY-STOP LIMIT is not filled before. If you don't catch the initial breakout, don't FOMO! Just set the BUY LIMIT, chill and wait for pullback. ;-) It comes often. Then just set SL&TP and forget (don't even trail the SL, or set at breakeven), let the trade breathe. Cheers!