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OMGUSD trade ideas

OMGNETWORK 6.21.20OMG has been in a low volatility descent for around 18 months. It seems to have found some strong support around 1.40. Short/medium term targets I am looking for a 2x. OMG Plasma scaling solution looks like a real competitor in the space and is absolutely necessary. The question is can it compete with networks like Matic and Loopring and will their be a need for multiple scaling solutions? I like the fact that OMG has a low circulating supply and is a true low cost solution for Ethereum transactions .
BITFINEX:OMGUSDLong
by BrandonrG
Sideways or temp downtrend?~1m until bitfinex USDT is put on OMGCTO of Bitfinex Paolo Ardoino tweeted "We're still actively working on the implementation. Within 1 month I think" in response to the question "OMG is very wise choice. 👍👍 When can we expect the first tnx on the network?" We could POSSIBLY (things are getting crazy right now so who knows) see a temporary downtrend until Bitfinex's USDT volume is put on the OMG network or it could go sideways. Not expecting this to last long as the bitfinex USDT integration on the OMG network is a HUGE first step & unveil for Omise let alone all the news of more integration that is soon to come. Not financial advice.
BITFINEX:OMGUSD
by hereformemelines
Don't miss the great buy opportunity in OMGUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.6065). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . OMGUSD 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 66. Take Profits: TP1= @ 1.7900 TP2= @ 2.0065 TP3= @ 2.2678 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 ❤️ Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:OMGUSDLong
by ForecastCity
24
Don't miss the great buy opportunity in OMGUSDTrading suggestion: . There is a possibility of temporary retracement to suggested support line (1.6065). if so, traders can set orders based on Price Action and expect to reach short-term targets. Technical analysis: . OMGUSD 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 66. Take Profits: TP1= @ 1.7900 TP2= @ 2.0065 TP3= @ 2.2678 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 ❤️ Be sure to leave a comment let us know how do you see this opportunity and forecast. Trade well, ❤️ ForecastCity English Support Team ❤️
BITFINEX:OMGUSDLong
by ForecastCity
35
Alts HUGE Target Zone We know that in cryptos eventually everything looks the same. Most alts will be above january levels before this run is finished. That's a great indicator. Then there are ZONE pumps where something pumps more than others, right now it looks like that the coins that pumped lesser in january pumps higher now, but everything reaches the level of highest pumping coin on January. Seek for coins that are still COLLECTING and looks healthy. Eventually you should be able to INDEX them all like that. Markets takes time and now is the opportunity to BUY.
BITFINEX:OMGUSDLong
by dingdangdong
Next massive move for OMGI've been encouraged to publish more idea, so let's start with OMG. I don't know and don't care whether it goes up or down, though I'm personally biased to the upside, but this chart shows the key levels to watch, regardless of direction. In brief: we broke back into an old triangle after an extended period of accumulation and we're coming to the end of that triangle. We will either correct to around $1.10 or continue to around $3. A bullish move might even take us to around $6 pretty quickly. Ps' these are not targets and they are not precise, they are merely suggestions of levels to watch. Ps' Ps' I personally trade OMG/BTC, but for the moment the OMG/USD price is the driving factor, hence this analysis.
BITFINEX:OMGUSD
by EuroDale
7
XRP|USD & OMG|USD Possible Fractal!Hello Cryptonians, I hope you all are doing well. I would like to present to the community this idea I noticed recently. I have a split chart post, XRP on the left & OMG on the right. Most of us know that OMG|USD had a recent blast off upon its CoinBase Pro listing and the anticipation of its Mainnet launch. Please note that OMG had a nice Diamond pattern play out breaking to the upside upon reaching the delta. This lead to a massive run-up with nice consolidation. Keeping this in mind, then take a look at XRP|USD. XRP looks like it has a similar diamond pattern, with a possible breaking to the upside. Let's see how this plays out. I will be taken a Long here, looking for Targets at .28, .32, .45. Thanks for your time, let me know what you think below. In service, Vuven Not Financial Advice, DYOR
BITFINEX:OMGUSDLong
by Therms