OMGUSD trade ideas
OMGUSD looks ready to trigger Adam & Eve double bottomOmisego is another fundamentally sound alt that has recently had a golden cross on the daily chart..it is now above the neckline of its adam and eve double bottom pattern too and looks ready to have a bullish breakout.
OMG/USD - Good time to buy and holdOmiseGO enables financial inclusion and interoperability through the public, decentralized OMG network.
What the OMGDeclining volume with some climax.
Div on multiple timeframes, contracting on 4h, and appears to curve on daily.
Other coins didn't reach my bear target yet, which is the only bad factor.
OMGUSD Ascending TriangleAscending Triangle on the OMGUSD Chart
Buy: $1.666
Sell: $1.6925
Percentage Gain: 1.59%
Leverage: X2
Leverage Fee: $1000
Potential Profit: $3180
Stop Loss: $1.6375
Potential Percentage Loss: -1. 71%
Potential Loss: -$3420
OMGUSD is going for $3We are in an uptrend with BITFINEX:OMGUSD and BITFINEX:OMGBTC If we can stay in the uptrend wich is now touched we may see further upside. First target is the end of the red arrow. After we maken a higher low way may continu to the important zone of $3.
Possible OMG Double Bottom$OMG price levels to watch
Only a possibility of a double bottom bounce
- uwu
OMG/USD LongOut of all the alts I've charted, OMG is the MOST bullish setup atm. Buy volume is increasing steadily.
Going to keep adding on all pullbacks.
Any touch of the trend line is a good entry.
Adding $OMG! Bullish Pennant forms, Higher Support at $2.00?BITFINEX:OMGUSD price crossed above the resistance level set at $1.80 and is looking to set a new support level at $1.9582. Price breaks out of Bullish pennant triangle signaling an upcoming bullish run in coming weeks.
Add $OMG!!
$OMGUSD great return on short in the coming omisegoI have longed OMGUSD for a long time and taking profit at this stage. Looking to short again in the coming push up possibly also create divergence.
PRE-ENTRY OMGUSD SHORT
ENTRY - 2.12$
TARGET - 1.5$
STOP - 2.35$
OMGUSD strong but needs retrace? OmiseGo resistance zones aheadOmiseGo finally took off, a bit behind its peers.
Two strong waves up, but might close to a retrace.
Three Red zones to watch as price approaches them.
This is an update to my longer term bullish outlook, after looking for a 1.1-1.2 bounce per this plan
OMGUSD retrace watch: OmiseGo 1.284 critical 1.200 likelyOMG shot upwards with rest of crypto market.
It was a most bullish Alts, reaching 13.764 fib.
It of course unwound most of the vertical leg.
$1.284 is critical support as was recently proven.
Break below should see acceleration to next zone.
$1.20x is bull's last stand, next support is 1.125-1.120.
The making of this chart :
Staring with small time frame view of the drop. Perfect 4.236 extension, implying ONE wave, perhaps A of ABC:
Zooming out to see the bull move upwards. Perfect 13.764 extension, one of the highest of all coins:
Zooming out more to last January drop. Another x.764 series with 4.764 being the bottom.
Overlaying the three fibs and noting confluences we have certain bands of interest:
