OMGUSD: Rectangle on 1D identified. Sideways until (S) breaks.Omisego is trading sideways within a 1D Triangle (RSI = 53.725) under High Volatility (ATR = 0.2020) that keeps the price within a 2.9590 Support and 3.8740 Resistance. Due to the underlying long term bearish trend on the 1W chart (RSI = 37.359, MACD = -2.090, Highs/Lows = -0.1851, B/BP = -1.9305), shorting every move near the Resistance is better suited than a full scalp. That is why we remain bearish on OMGUSD with TP = 2.6561 and 1.4942.Shortby InvestingScope1110
OMG/USD descending trendlineBreaking this descending trendline would be bullish in my opinion. Stochastic RSI and MACD are looking good to try an upward movement. I doubt this can by typified as a falling wedge but I included the lower line nevertheless.Longby Chimp_of_the_NorthUpdated 112
Cradle strategy indicatorsI've combined the on chart indicators for the TraderCobb cradle strategy all into one indicatorby tmpascoe113
OMG SignalOur OMG Signal is up 12% from entry and the 50 EMA on the 6 hour is no longer resistance and has turned to supportLongby Cryptogasmic115
OMGUSD: 1D Falling Wedge. Retesting the support.Omisego gave the expected bearish 1D candle that tested the 2.9640 support creating a Falling Wedge (RSI = 43.877, MACD = -0.127, Highs/Lows = -0.0320, B/BP = -0.0909). This should technically seek a Lower Low at 2.6561 (first TP) in the coming candles, but the 2.9640 1D support needs to break as so far it has been rejected twice. Even if the Wedge breaks, any upside is limited to the 1W 0.500 (4.0367) - 0.618 (4.2860) Fibonacci retracement. Longer term TP = 1.4942.Shortby InvestingScope11
OMGUSD looking for a breakout PRE ENTRY OMGUSD Long Entry 3.10-3.20$ (breakout) Target 4.30$ Stop 2.80$Longby NerdFox6
OMGUSD: Still sideways. Approaching a bearish break-out.Omisego remains neutral both on 4H (RSI = 50.314, Highs/Lows = 0.0000) and 1D (RSI = 47.725, Highs/Lows = 0.0000) as it approaches the 1W Channel Down limitation. It will either be rejected towards 2.000 or bounce to the 0.500 - 0.618 Fibonacci retracement level. In both cases 1W is a strong sell (MACD = -2.179, Highs/Lows = -0.6889, B/BP = -28843) and should make a Lower Low. Our TP is intact for OMGUSD at 1.4942.Shortby InvestingScope3312
OMGUSDDonw for support line and UP to resistance line. Predikcion to 13.10.2018 OMG is clean in canal.Longby Fiardi113
OMG Breakout testWill it break? For Omise, the end goal is “a decentralized mechanism for eWallet platforms holding fiat-backed value” , more so a network to better serve their existing payments gateways in terms of security and scalability. ‘ While OmiseGO supports payments, is not designed first and foremost a payment processor within a specific eWallet payment provider (EPP) ’. Hence, Omise’s Plasma DEX is a base infrastructure upon which a variety of payment and exchange systems can be built, allowing: Any EPP, exchange, payments processor or other to exchange Crypto-to-Crypto, Fiat-to-Crypto, Fiat-to-Fiat, and more (nonfungibles) though their own processor built atop of the White Label SDK. github.com The DEX comprised of many liquidity hubs, formed through Omise’s acquisition of already existing exchanges, running Lighting Network, Swaps and HTLCs, is not only a asset-to asset gateway that allows for trading and exchange, but a liquidity pool serving expansive monetary and financial applications. Computation and enforcement occurs via staking of OMG, bonded via plasma child chain to Ether, allowing for exit-gateways and by effect creates a scalability model for the ethereum network. plasma.io Owning OMG tokens buys the right to validate this blockchain, within its consensus rules. Transaction fees on the network including (but not limited to) payment, interchange, trading, and clearinghouse use, are given to non-faulty validators who enforce bonded contract states. cdn.omise.coby UnknownUnicorn2421992Updated 115
Compliance to the 1D Rectangle. Sideways until support breaks.omOMGUSD is following the projected 1D Rectangle pattern (RSI = 46.113, ADX = 10.117, Williams = -53.227, CCI = -22.3854, Highs/Lows = 0.0000) trading sideways within 2.9725 - 3.8810. The pattern however has approached its completion point as it meets with the Lower High limit of the 1W Channel Down (MACD = -2.151, Highs/Lows = -1.0226, B/BP = -3.146). A downside break-out is expected once this support breaks so we remain short on OmiseGo with TP = 1.4942.Shortby InvestingScope5511
Long and short situation on OMGlong on the breakout of the top resistance of current equilibrium or close above the resistance. Short now or the next day closeby CaptainCigar113
OMG 12% TriangleAnother nice triangle Target will depend of the breakout power. NOT TRADING ADVICE - MANAGE YOUR RISKSLongby Le_HalimouUpdated 118
OMG Quick scalpAscending triangle Trade on breakout or breakdown NOT TRADING ADVICEby Le_HalimouUpdated 998
Consolidation until 2.6561 breaks. Still long term bearish.Omisego is on a 2.9758 - 3.9500 Rectange pattern on 1D (ADX = 16.370, Williams = -54.385, CCI = -12.1505, Highs/Lows = 0.0000) that can trade sideways for another week until it prices a new Lower High on the 1W Channel Down (MACD = -2.130, Highs/Lows = -1.3533, B/BP = -3.8158). We remain bearish, TP = 1.4942.Shortby InvestingScope1112
OMG on the weekly..OMG possibly one of the most underrated tokens on the cryptocurrency market to date. Been descending on the weekly since April 30th. 50MA sits $6.85 which is a resistance (Purple Box). After seeing positive gains in the whole market in the last week, Possible pull back is in order, but seeing as BTC could break the $6700 area. We could be eyeing $4 (Blue Line)by CryptographyCapital1
About to break lower aggressively. Big downside potential.OMGUSD is now trading below the previous 3.2309 1D Support and a recurring pattern is seen on 1D that typically leads to a new Channel Down. Both 4H (RSI = 34.346, MACD = -0.063, Highs/Lows = -0.0720, B/BP = -0.1109) and 1D (RSI = 36.903, MACD = -0.273, Highs/Lows = -0.1659, B/BP = -0.5409) are actively bearish and we are aiming at an aggressive decline on OmiseGo towards a new Lower Low on 1W (early estimates put it around 0.300). Out short TP remains more moderate at 1.4942.Shortby InvestingScopeUpdated 9