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OMGPERP trade ideas

OMG is ready to make an entranceAs we can see, OMG has been stuck in a falling wedge and seems to me like an ABCDE correction. Rules of ABCDE correction dictate that there's a high probability of a breakout at termination point of Wave D. Lets not forget that there are not one, but two airdrops incoming for OMG in the near future. In short: We have Technical and Fundamental evidence to support a long position. While all other coins have rallied OMG has been coiling up in this wedge. Now the Viper is ready to strike. If we get a breakout the first target would be the highest point of the wedge for OMGBTC. Whereas OMGUSD should rally far more. Godspeed ___________________________________________________________________________________________________________________________ I'm not your Financial Advisor and this is not to be construed as Financial Advice but I can be your Legal Advisor if you can afford me.
BITFINEX:OMGUSDLong
by ShounakShetty
3
There is a possibility for the beginning of uptrend in OMGUSD Technical analysis: . OMISEGO/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (7.00 to 5.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (7.00) Ending of entry zone (5.50) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 9.60 TP2= @ 12.50 TP3= @ 15.00 TP4= @ 18.20 TP5= @ 20.20 TP6= @ 28.50 TP7= Free
BITFINEX:OMGUSDLong
by ForecastCity
There is possibility for the beginning of uptrend in OMGUSD Technical analysis: . OMISEGO/DOLLAR is in a downtrend and the beginning of uptrend is expected. . The price is below the 21-Day WEMA which acts as a dynamic resistance. . The RSI is at 41. . The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased. Trading suggestion: . There is still a possibility of temporary retracement to suggested support zone (7.00 to 5.50). if so, traders can set orders based on Price Action and expect to reach short-term targets. Beginning of entry zone (7.00) Ending of entry zone (5.50) Entry signal: Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words, NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone. To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 9.60 TP2= @ 12.50 TP3= @ 15.00 TP4= @ 18.20 TP5= @ 20.20 TP6= @ 28.50 TP7= Free
BITFINEX:OMGUSDLong
by ForecastCity
2
OMG 100%+ Profit PotentialOMG/USD is currently in a high demand area (white rectangle) the price range in that rectangle is between $6 and $7.5 Everytime it has been in this rectangle, it has shot up with at least 100%+ Profit. This is a highly demanded zone. Nevertheless, I still recommend scaling wisely as its not a Bull Market yet. But buying good chunk of it would be great accumulation. Along with that, we also have RSI at its lowest since the release of the ICO almost 1 year ago. Current RSI level = 26.68 Lowest RSI level before today = 28.93 in 1 April 2018, which after it reached that level, it went up over 140% Another note: I added BTC prices in the chart, to show that OMG is demanded regardless of BTC's value. Good luck guys!
BITFINEX:OMGUSDLong
by jasonwhite
OMG - Elliot Triangle completed - Uptrend about to startDear community, OMG USD caught our intention due to its sane corrective behavior on top of strong fundamentals on the technology side. Assumptions: - Completion of Elliot Wave triangle. - In last segment of resistance (see Pitchfan) - Triple bottom within the triangle -RSI oversold and at bottom - Great R/R ratio Stop Loss: $7.6 SL to be readjusted to break even after 1st is achieved and so on. Target profits: TP 1 --> $11 TP 2 --> $14 TP 3 --> $17 TP 4 --> $28 This forecast is not a financial advice, study, exercise yourself, put into question your reasoning. Well, strive to be a better trader tomorrow than we are today. All the Best from the Crypto Space Alteroc AI Trader assistant, includes Bitmex (15% discount) --> app.aitrader.ai twitter.com
BITFINEX:OMGUSDLong
by Alteroc
3
OmiseGO (OMG)OmiseGO (OMG) After break out symmetrical triangle fail to reach $28 target of this pattern after that creat to us Rectangle channel and move on it the good this we have it from $8.XX and gained good profit at last wave. So what now is Omg ready for a new green wave is ready to create new ATH this year? This can happen if market back Bullish again but from chart we can see Omg have a good Demand Area At $ 9/6 Omg touch $9.55 "Uptrend" and bounced, really we was wait for $7.75 as the entry but anyway our long trade from $8.XX still active As long Omg still have more to do, and the bullish market will help her to do that For you if you look to buy $11.5 $10.75 $8.5 this levels is good as buy point for long-term your Stop if Omg close weekly below $6 at this case Omg back under darkness levels Your targets $12 $15.20 $21 Invest more after breakout Rectangle channel Targets $26 $30 Invest more after passed Old ATH Targets $37 $41 $46 Mega_Bullish $53 $66 Invest:5% we ask Allah reconcile and repay OMG Omg-Have-a-trip OMG-what-That-mean
BITTREX:OMGUSDLong
by HamadaMark
2