EMA 50 x EMA 200 is ready to cross!EMA 50 x EMA 200 is crossing, putting Omisego bullish in short term (4h candle).
We are too close to see a trend reversal.
The next moves will confirm this.
Omisegobitcoin
💡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
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💡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!
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ForecastCity English Support Team ❤️
2 Buy opportunity in OMGBTC , Mid-Term & Short-Term Mid-Term Forecast:
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000304). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. 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 56.
Take Profits:
TP1= @ 0.0004110
TP2= @ 0.0004990
TP3= @ 0.0006830
TP4= @ 0.0008870
TP5= @ 0.0011380
TP6= @ 0.0013875
TP7= @ 0.0017400
TP8= @ 0.0023195
SL= Break below 0.000243
-----------------------------------------------------------------------------------------------------------
Short-Term Forecast:
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000304). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. 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 60.
Take Profits:
TP1= @ 0.0004110
TP2= @ 0.0004450
TP3= @ 0.0004950
TP4= @ 0.0005630
TP5= @ 0.0006830
SL= Break below 0.000243
❤️ 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!
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💎 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 ❤️
2 Buy opportunity in OMGBTC , Mid-Term & Short-Term Mid-Term Forecast:
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000304). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. 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 56.
Take Profits:
TP1= @ 0.0004110
TP2= @ 0.0004990
TP3= @ 0.0006830
TP4= @ 0.0008870
TP5= @ 0.0011380
TP6= @ 0.0013875
TP7= @ 0.0017400
TP8= @ 0.0023195
SL= Break below 0.000243
-----------------------------------------------------------------------------------------------------------
Short-Term Forecast:
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000304). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. 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 60.
Take Profits:
TP1= @ 0.0004110
TP2= @ 0.0004450
TP3= @ 0.0004950
TP4= @ 0.0005630
TP5= @ 0.0006830
SL= Break below 0.000243
❤️ 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 ❤️
OMG Network Surged More Than 1000% This Is Just A BeginningHeyy friends hope you are well and welcome to the new update on OMG network. Before moving to the OMG live chart I would like to show you some of my previous prediction based on the harmonic patterns after watching these charts it will be easy for you to understand today’s analysis. Below are some of my previous predictions based on the harmonic moves:
Bitcoin Gartley move has produced more than 83% sofar:
Bitcoin cash Gartley move has produced more than 36% sofar:
XRP Butterfly move has produced more than 45% sofar:
Cardano Shark’s move has produced more than 460% sofar:
Tron Shark’s move has produced more than 312% sofar:
NEO coin Shark’s move has produced more than 238% sofar:
IOTA coin Butterfly’s move has produced more than 160% sofar:
The purpose to show you some of my previous harmonic pattern is to prove with evidence that how the price action follows these patterns and how much these targets can be achieved realistically.
XVG Shark’s move has generated 122% sofar:
Ok, this XVG harmonic move is very much similar with the harmonic move that the OMG token has made this time. I posted this chart on July 2019 almost a year ago when the price action of Verge coin entered in the potential reversal zone of this Shark pattern. As per Fibonacci sequence of bullish Shark I predicted that it would be moved up from this PRZ level. But due to BTC dominance in the month of June to July 2019 the price action of XVG broke down the potential reversal zone. Very soon the price action recovered and entered the potential reversal zone again. But from Feb to March 2020 when all the markets were crashed the price action of Verge coin followed the international market trend and again moved more down but the priceline of XVG again recovered and so far it has produced more than 540% bullish rally from down to top and if we calculate from the maximum extent of the potential reversal zone up to the highest spike then it has produced 122% sofar.
The Shark’s move of OMG network:
Now I would like to show you the OMG chart that I published last year in April 2019. When the price action of OMG completed the bullish Shark pattern and entered in the potential reversal zone. Then same as like the XVG coin from June to July due to Bitcoin dominance the price action broke down the potential reversal zoine and we have also seen the downtrend from Feb to March 2020 as well. But now again it has recovered and rallied more than 1000% from down to top and if we calculate this rally from the maximum extent of the potential reversal zone to highest spike then it has surged more than 260% so far.
The movement in the up channel and bullish signals:
Now if we switch to the daily time period chart then you can be easily observe that from May 2020 to August 2020 the price action of OMG network was moving in a down channel. If we place the volume profile on the complete priceline moving within this channel then it can be easily noticed that we had very weak interest of the traders at the support and strong interest above the resistance of the channel. That was a very strong bullish signal. If we take a look at moon phases indicator then in July 2020 the new full moon was appeared at a very high altitude and big distance from the resistance of the channel that was another bullish signal.Tthe point of control of volume profile was also above the resistance but if we watch the new dark moon then it was appeared below the support that was signal for the downtrend. But if we take a look at the RSI oscillator then it was already in the oversold zone. Therefore we can ignore this bearish signal of dark moon because due to oversold condition of relative strength index and the bullish signals of volume profile this bearish signal was weak. And finally priceline followed bullish signals and broke out the resistance of channel.
The SMAs and EMAs:
Now if we place the different simple moving averages with the time period of 25, 50, 100 and 200 then the price action has broken out all these moving averages. At this time the priceline is getting retraced. Now there are two possibilities.
1. The price action may retrace up to any of these simple moving averages to use them as support because without the support of moving averages it is difficult for the price action of any asset to continue the uptrend.
2. If we watch the exponential moving averages with the time period of 10 and 21 then the price action is already at the support of these exponential moving averages. Therefore the second possibility can be that the priceline will use these EMAs as support and form a new up-channel from here.
SMAs:
EMAs:
Conclusion:
Even though the price action has broken down the potential reversal zone of bullish Shark pattern. But there was some bad market situation behind that, otherwise the pattern is still valid and my targets for OMG are remain the same that I posted last year as below:
Buy between: 0.000604 to 0.000230 btc
Sell between: 0.001079 to 0.001977 btc
Daily Bullish Signal $OMG #OMG #OMGBTC (7 March 2019)RED ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market
OmiseGO ($OMG) - up to 1000% PPT! Long term trade$OMG finished full 2 year cycle and now price moving sideways. Clearly it's an accumulation phase.
There is a clear bullish divergence on daily RSI and MACD.
$OMG has comparably low supply, big community support and strong team.
Buy - green. Sell - red.
It's not a financial advice.
Trade carefully and good luck!
Daily Bullish Signal $OMG #OMG (21 Jan 2019)BLUE ARROW indicates the EXPECTED Time and Targets
Level Stoploss point up to maximize profit and reduce risk
I'm working all the time, even in Bearish Market