Possible inverted H and S for OMGOMG could be forming an inverted H and S. If this is the case, its price in BTC terms could double this summer.
OMGBTC trade ideas
OMG/BTC = LONG POSITION. Will be closing position at end Wave 5OMG/BTC = LONG POSITION. Will be closing position at end Wave 5
OMG 5 months overview As the market seems to be ending its consolidation a lots of alts will start gaining space from bitcoin, one of them that has been showing it strength is OMG.
From January to February OMG was able to keep its price vs Bitcoin really well, mean while almost all the other coins where going down.
OMGBTC: 1 day, longLooks like there is a further bullish movement ahead. Still we need TK-cross to develop.
OMG ANALYSIS APRIL 1 , 2018Purchase is gradually all the price is down purchase in stages
0.00127500 BTC
TO
0.00151910 BTC
TO
0.00105000 BTC
SELL
0.00132590 BTC
0.00141340 BTC
0.01520000 BTC
0.00160000 BTC
0.00163730 BTC
80% gain on break out.The way wave 3 was generated is extremely volatile,. It means wave 5 will be even more volatile, as it should confirm the breakout.
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analysed, please PM me.
Thank you,
Ajion
OMG - some short term profit.. waiting for x4OMGBTC just burst also due to MA20 set-up to go over MA50. There is still room to grow and on a short term i see some 20 -40% gains on this coin.
On the mid term OMG could have a nice performence going at 300% over current value.
Enjoy!
OMG in B wave of correction?Not sure on this one because of that enormous spike in price last night.
Looks to have completed 5 waves down for the A wave. 1 and 4 do seem to overlap slightly but only by a wick, which again makes me wonder.
The top of the B hits the blue box, which is both the 0.5 of the A (excluding the wick) and the 0.618 of A (if we include the wick).
The C wave hits the second blue box, which is between the 0.5 and 0.618 of the total upwards movement (excluding the wick).
Don't trade on this without your own due dilligence...it's just for fun and info
Oh My Gosh OMG!!!!Just want to make a short post. I'll present here the daily chart. Price broke above kijun and cloud while also showing a possible TK cross. Extremely bullish in my opinion because OMG, I believe is one of the few cryptos to have a kumo breakout on the daily!!!
Added here is the 4 hr chart. As you can see, price is above the kumo but we already knew that from the dailies. What we're after here is the short retracement to the kijun-sen. We can see that price refuse to go down below. So for all of you guys who were late to the party... this would be a good time to buy seeing that OMG also has other good stuff in store for us in their roadmap c:
OmiseGo big volumeCoin of the day is OmiseGo.
OmiseGO is an open payment platform and decentralized exchange working on a base of Ethereum technology. The OMG network is a scaling solution for the finance sector, enabling transparent, peer-to-peer transactions in real-time. The company slogan is "Unbank the Banked" and the stated objective is to provide better financial services for everyone, including both people who use traditional banking services and people in developing countries and locales which lack traditional banking infrastructure.
Token OMG is one of the highest by the market cap ER20 based project in the world and was the first Ethereum based project to exceed $1 billion valuation. The project is supported by co-founders of Ethereum: Vitalik Buterin and Gavin Wood, and designed by the creator of Lightning Network and Plasma, Joseph Poon.
Latest News
On April 10 announced about Dai and OMG Collaboration.
Technicals
After the last review, OMGBTC showed significant growth, broke above the Bearish Trend Line and 100-days EMA. Today noticeably large volume was traded through the coin and dragged the price above the 0.0016 level to the 0.0022 high. An overall bias of the coin looks like a strong reversal pattern and beginning of new growth cycle. Now the OMG went into correctional movement after the upward impulse, and if the price holds above the newly formed Bullish Trend Line, we could expect further upward development. A breakthrough above the 0.002 - 0.0022 will open the way to next maximum at 0.003 level.
OMG bulls are ready to take overI would recommend selling 50% only at the target and rebuy at correction.
Hint: Zoom out for the bigger picture.
Good luck trading :)
***This information is not a financial advice. I am still learning and practicing.***
OMG OMG OMG!!! BULL RUN COMING!!!Long term perspective:
Tested zone for support 118000-125000 (Tight Double Bottom)
Higher Low has been formed @ 130000 *Above our support zone*
A daily close above 140000 confirms it's move toward the upside
Take Profit 1: 190000
Take Profit 2: 270000
Take Profit 3: 300000
Take Profit 4: HODL
Testing 1st chart with Fib Extension to reach 1:1 target.Wave 2 is completed. So Wave 3 should be reach 1:1 target. After that it should be retraced to 50%~61.8%.
OMG pls feed my familyMy math side took over when I saw this path and decided to do the only rational thing and reverse it.
The most obvious trade you can makeHello guys,
OMG is the only coin that hasn't rallied yet, and for a very good reason. It was a whitepaper coin with nothing concrete. The game has changed now, OMG is working on becoming one of the biggest crypto currency in Asia.
Now, more than ever, I am very convinced about it going up really high.
Fundamental news :
- A fork is incoming. They call it "hardspoon", but basically, OMG holders will be airdropped 1/1 ratio a cosmos coin. We have seen the effect of such forks on lesser impactful coins such as zclassic and ethereum classic. We have seen the effect on NEO/Ontology, and Monero.
This is a no brainer, like every fork, this will go up massively, and right now it hasn't, so it's the best place to buy.
- Massive South korean partnership signaling that Omise GO not only now will operate in Thailand and Japan, but in South Korea as well. Ripple's market cap reached 80 billion, now it's no longer far fetched for OMG. Banks don't really partner with non serious projects. Omise is an already established payments company, and their OMG project is incredibly ambitious, and their project is ahead of schedule.
From a fundamental point of view, I warned you and have been warning you for ages, on twitter. OMG will be the next coin to do the Ethereum rally to 20-30 billion market cap.
From a trading point of view:
- We have seen a confirmation of a trend reversal, these are usually signaled by massive pumps and dumps, and higher lows and higher highs. Right now, it's correcting from the massive pump to 0.00142 satoshis, I predict that it will drop to 0.00129 before a next rally to the next fib level.
OmiseGO ($OMG) support line reached - upward breakout imminent OMG's base support line reached, and it's good timing! Breakout moon soon, son :) Grew my bag a lot recently :)
Adam and Eve pettern looking good! OMG time to shine!Adam and Eve Double Bottom pattern forming on good ol' OMG. As you can see we have the sharp narrow V shape on the left for the first bottom known as "Adam" and then the different more wide shaped bottom known as the "Eve" portion of the pattern directly after.
If this pattern continues and played out past the middle at 141,000 sats the target is between 167 and 169k if the pattern dies due to BTC being a schoolyard bully then we may not see the pattern finish and then a sell loss will need to be initiated if you are not willing to hold on for the long term. (I have the targets and pattern marked out in the chart.)
This information is not a recommendation to buy or sell so please buy and sell after doing your own research on the pattern described. All comments are welcomed if you see something I missed please feel free to point it out so I can better my charts further down the line.
