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OMGBTC trade ideas

OMG/BTCTwice I've called alt season and twice I've failed. Third time's the charm? Alt charts should be making their way to the disbelief stage vs USD very soon, now that BTC has had its steep "sucker's rally". I've seen the alt market act like this before, in December of 2017. It appears the algorithms are using the same technique to hunt. Push down until there's no sellers left, then retest. Short term Adam & Eve. Will the alt boom be as meteoric as December 2017? Before, I was under the impression it would be a slow, tangent rise to the disbelief stage, but then we saw what BTC just did, so I looked back at the dot com bubble. Same players, similar game. Amazon, for example, took 40% of the time it took for its depression phase, to get to the top of the disbelief phase. How does that look for alts? ~200 days of depression phase = ~80 days of uptrend to the top of the "sucker's rally". Alts that are going to survive should be able to go to 35%-65% of their peaks of the bubble, in this phase. OMG, for example, peaked at $28.50, so it should be able to make it somewhere in the range of $9.98-$18.53 within this 3 month period. While BTC falls value, into disbelief, this should show a 6-12x rally, relative to BTC.
Long
by ovvnyou
OMG long opportunityOmg, omg, omg. I like this chart. I don't know much about OmiseGO as I'm trading mostly charts and not names. Chart is having good looking rounded bottom here so it might be nice investment opportunity as well a trade that I'm setting up. I don't recommend investing in any Alt before doing some serious Fundamental Analysis on the coin you want to invest in. So do some deeper research if you like a coin. You really don't want your coin to get delisted from a big exchange few months after your buy it. Most of the time it falls down like a stone before you even notice it. Believe me. I've done it many times :D Here is the plan for the trade --> I'm waiting for the price to break the resistance line and stay above. Most of the time they turn into support lines ones they are broken and I expect at least one retest after it. So I'll put stop loss below this line and try to get even tighter stop than on the chart. For long term hold I would set looser stop loss - below 0.00030700. You can increase/decrease the risk by moving stop. Or with the size of your position. You can choose what is the most likely reward. Overall 1:7 risk/reward ratio as presented on the chart seems reasonable. This is in case you sell everything on second target. So this set up only needs to work one out of seven times to make long term profit. __________________________________________________________________________________ If you've found something interesting here you can like this idea or smash the follow button! Other ways to support my work if you choose to: --> Sign up on Binance with my Referral Link: www.binance.com --> Sign up on BitMEX and get 10% discount on all fees for 6 months after you sign up using this Affiliate Link: www.bitmex.com The supporters will get all the help you need to learn how to use different trading platforms AND understand risk management in trading via Private Messages, Discord, Skype... I'm sure most of the best traders will agree that risk management is the single most important subject you need to understand very well when it comes to trading or investing. Without this you can easily blow off your account. You can also make a donation on one of my addresses: BTC: 12qe5buhPQTAEnqmMYBNafymePd9BAgqJT ETH: 0x134c60f13c48fe1ea48b10f980a2c68070f1bf82 LTC: LTuRNgXDU2ojj7DseX4GRhQcFyJzXo82mn But again - you can instead start on Test Account and make a goal to be at least break even after 50, 100 maybe even 200 trades. Or at least for some months. Here is one example: testnet.bitmex.com Let me know if there is any specific subject you would like to discuss!
Long
by Metiu
Will OMG form a cup? Target date shows Nov 2019 OMG has been in a huge downtrend along with the rest of the market. We can see that it has found a level of support (for now), however, we aren't all that far from the all-time low. Obviously, there are many paths OMG can take, along with fundamentals being a bit poor at the moment (I don't think the Dev's are delivering on the project in respect to the potential it has/had. This running is essentially based on the market as a whole turning around and the assumption that we are at a low. There is plenty of room for a further drop so stay safe and use protection!
Long
by crow1980
OMGBTC 1D BITTREX up to 20FEB19 Trading Analysis (TA)OMGBTC OmiseGO / Bitcoin 1D BITTREX up to 20FEB19 Trading Analysis (TA) 1D Chart, OmiseGO (OMG) has been diving below 100/200 MA signals, MACD Histogram and 60 RSI since May 2018, after a third deep under 30 RSI, this could be the impulse needed to brake over the 100/200 MA signals, which is the optimistic approach, but remember "In this business if you're good, you're right six times out of ten. You're never going to be right nine times out of ten. I've found that when the market's going down and you buy funds wisely, at some point in the future you will be happy. You won't get there by reading 'Now is the time to buy.'". At this time the Market Cap is around 132b. Good Luck! 1D Chart, OmiseGO (OMG) ha estado buceando por debajo de las señales de 100/200 MA, el histograma del MACD y la linea de 60 RSI desde mayo de 2018, luego de una tercera inmersión por debajo de la linea 30 RSI, este podría ser el impulso necesario para cruzar sobre las señales de 100/200 MA, que es el enfoque optimista, pero recuerde "En este negocio, si es bueno, tiene razón seis veces sobre diez. Nunca tendrá razón nueve veces sobre diez. He descubierto que cuando el mercado baja y compro fondos sabiamente, en algún momento en el futuro se siente la felicidad. Pero para llegar a ese momento nunca leerá una señal que diga: "Ahora es el momento de comprar". En este momento el Market Cap esta alrededor de 132b. ¡Buena suerte! “I believe in analysis and not forecasting.” / "Creo en el análisis y no en el pronóstico". REMEMBER: I am not a financial adviser nor is any content in this article presented as financial advice. The information provided in this blog post and any other posts that I make and any accompanying material is for informational purposes only. It should not be considered financial or investment advice of any kind. One should consult with a financial or investment professional to determine what may be best for your individual needs. RECUERDE: No soy un asesor financiero y el contenido de este artículo no se presenta como asesoramiento financiero. La información provista en esta publicación de blog y cualquier otra publicación que haga y cualquier material que la acompañe es solo para fines informativos. No debe considerarse asesoramiento financiero o de inversión de ningún tipo. Se debe consultar con un profesional financiero o de inversiones para determinar qué es lo mejor para sus necesidades individuales.
Long
by rodulfox