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Omisego

🟩OMG Network - OMGUSDT - Elliott Wave + Bull flag + Channel🟩- Main Impulse Elliott Wave Completed to the downside - We can see the price is now above the channel and above the bull flag continuation formation - I am expecting higher prices - All time high RESISTANCE 28.5 USDT - Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓ - Hit "Like" & "Follow". Don't miss my upcoming updates and new ideas!
Long
by UnknownUnicorn2537518
5
🆓OmiseGO/USDT Analysis (28/1) #OMG $OMGIn the Daily timeframe, OMG is forming a Diamond pattern from September 2020 and this can help OMG rise back to the ATH price range at above 7.5$ 📈BUY -Buy: 3-3.2$.SL B 📉SELL -Sell: 5.1-5.4$. SL A -Sell: 7.5-7.8$. SL A ♻️BACK-UP -Sell: 3-3.2$ if B. SL A -Buy: 2.45-2.6$ if A. SL B -Sell: 2.45-2.6$ if B. SL A -Buy: 1.5-1.6$ if A. SL B ❓Details Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
OLong
by CryptoStation
2
The safest strategy to trading altcoinsWhen it comes to altcoins, whales tend to own an overwhelming majority of the coins on the market. In these market situations if large holders stop selling their holdings, the supply can quickly dry up causing price to skyrocket. We all know this phenomenon, its a pump and dump. But with "pump and dumps" there are key price movements that a vigilant trader can notice by eye. And if you can identify a pump before it happens you can hop on the rocket. Above is a play I made on OmiseGo earlier this year. I have described the strategy below. Part A An accumulation zone. These occur at the bottom of price ranges, in these areas there is relatively low volatility. It may seem like a good idea to buy these areas but accumulation zones are not easy to spot without further technical assistance. Trying to "catch" an accumulation zone is a high risk play and not recommended. Part B The breakout. In this zone price rises higher than the accumulation area to test market conditions. In part B the price is very volatile. This means that current holders are still exiting position. Given that the general trend of crypto was bearish during this time this asset would be ignored and left to test lower. Part C Another accumulation zone. It is important to note that this zone is lower than Part A. This means that the BUYERS in Part A are either a. Out of their position, or b. holding at a loss. (for b. they are either long term holders or stupid) The price range in this zone become extremely flat and calm. From this we know that a fresh wave of whale accumulation is occurring and that a breakout may potentially be coming. Again I do not recommend trying to predict accumulation zones as they can punish stop losses or fail to hold completely. Part D The breakout. Everyone that now holds the asset is content on waiting for higher price and the sell orders dry up. The price surges and is quickly eaten by short term traders and some amount of profit taking. This is a good sign but is still not ideal for retail traders to meddle with. Part E The defense. In order for whales to sell large portions of their holdings to "the fools" the accumulation zone that they have bought at has to be defended. All new buyers have to purchase coins at higher price so that the whale positions cannot be undercut. For this reason whales will create a defensive zone where short term traders can exit to the "first in line." (The first in line is what we want to be) You can see this defensive price action in part E as the sharp upward price spikes where whales and day traders are accumulating fuel for the rocket. The first in line are traders are willing to buy at the higher zone as it provides a safe way to make money in the pump that is visibly about to occur. If you find an asset with parts C, D and E your are at your most safest point buying at point E. You have the power of whales behind you and empty order books above you. Bonus As an extra, we can see in OmiseGo that the price range in Part E was again "defended" showing that the original whales still hold the asset are still invested in protecting the integrity of the asset. This area would have been a fantastic place to re-enter... if only I have had looked at the chart in recent weeks.
BITFINEX:OMGUSD
by Piggiiieee
6
💡 Don't miss the great buy opportunity in OmiseGO/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.000096). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . OmiseGO/Bitcoin OMGBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 0.000120 TP2= @ 0.000138 TP3= @ 0.000160 TP4= @ 0.000181 TP5= @ 0.000208 TP6= @ 0.000250 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
OLong
by ForecastCity_World
17
💡 Don't miss the great buy opportunity in OmiseGO/BitcoinTrading suggestion: . There is a possibility of temporary retracement to suggested support line (0.000096). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . OmiseGO/Bitcoin OMGBTC is in a range bound and the beginning of uptrend is expected. .The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 65. Take Profits: TP1= @ 0.000120 TP2= @ 0.000138 TP3= @ 0.000160 TP4= @ 0.000181 TP5= @ 0.000208 TP6= @ 0.000250 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
OLong
by ForecastCity
12
💡Don't miss the great buy opportunity in OMGBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.000082). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Omisego/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. Take Profits: TP1= @ 0.000102 TP2= @ 0.000118 TP3= @ 0.000134 TP4= @ 0.000154 TP5= @ 0.000181 TP6= @ 0.000240 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
OLong
by ForecastCity_World
13
💡Don't miss the great buy opportunity in OMGBTCTrading suggestion: ". There is a possibility of temporary retracement to suggested support line (0.000082). . if so, traders can set orders based on Price Action and expect to reach short-term targets." Technical analysis: . Omisego/Bitcoin is in a range bound and the beginning of uptrend is expected. . The price is above the 21-Day WEMA which acts as a dynamic support. . The RSI is at 59. Take Profits: TP1= @ 0.000102 TP2= @ 0.000118 TP3= @ 0.000134 TP4= @ 0.000154 TP5= @ 0.000181 TP6= @ 0.000240 SL= Break below S2 ❤️ If you find this helpful and want more FREE forecasts in TradingView . . . . . Please show your support back, . . . . . . . . Hit the 👍 LIKE button, . . . . . . . . . . Drop some feedback below in the comment! ❤️ Your Support is very much 🙏 appreciated! ❤️ 💎 Want us to help you become a better Forex trader ? Now, It's your turn ! Be sure to leave a comment let us know how you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
OLong
by ForecastCity
13