OMGUSD trade ideas
Target hit. Approaching a support.TP = 4.4846 hit, as the 1D Channel Down (MACD = -0.838, Highs/Lows = -1.1547, B/BP = -2.4051) continued its decline and OMGUSD now looking to price the Lower Low near the second target at 2.6561. With RSI on 1D oversold at 20.599 along with another 4 indicators, it is not unlikely to see a minor rebound (within the channel down) before hitting the target.
Omise Go Could Be In For a Massive DropGood morning,
I am looking at a massive triple top on the daily chart of OMG. We are currently testing the neckline, if we are to breakout the measured move would be to the $2.75 to $3.65 range. I expect to see a lot of buyers step in at that point to signal a reversal, I will be one! Until this pattern resolves itself or proves me otherwise I will remain in cash.
Happy Trading!
Channel Down on 1D. Short.OMGUSD is trading on a clear 1D Channel Down (RSI = 28.391, MACD = -0.560, Highs/Lows = -0.8476, B/BP = -1.2255), which since pricing its Lower High near 7.000 still has significant downside potential, despite the oversold STOCH, STOCHRSI, Williams. Our position on Omisego is short with TP = 4.4846 and (under circumstances that will be updated on the next post) 2.6561.
OMGUSDDouble top or triple bottom?
The triple bottom is a simple reversal figure of technical analysis which consists of three minima and presages a price increase
It all depends on BTC if you manage to hold above 7800 then the OMG will form a triple bottom and you can expect the test of the line and the channel resistance
If Bitcoin does not stand then a breakdown of the support line will follow and a double top will form with a break through the support line
OMG/USDT - Signal - Buying and HoldingWelcome Guys, this time as I said we just buy and hold, not sell for all Alt coin/USDT.
You can enjoy some last analysis post, I just use the same indicator and same method to find the BUY ZONE and TARGET ZONE.
This time I reveal about OMG/USDT so I just post the zone for all you can buy and hold for long time.
BUY ZONE 1: 5.5$ - 6.56$
BUY ZONE 2: 2.79$ - 3.72$
TARGET 1: 8.74$ - 9.5$
TARGET 2: 11.24$ - 12.04$
TARGET 3: 13.56$ - 14.5$
TARGET 4: 19.22$ - 20.02$
OMG/USD - Easy profit or not?Hello everyone, I'm back with my new trading idea. As you can see, OMGUSD has touched the descending support ( BLUE LINE ) few times in the past 3 months. Everytime it touched the support, the price went significantly up. RSI is 34 , which is near the oversold level. In my opinion, we can expect the price to go up in the next 2-3 days. Maybe it could drop a bit lower, but this is still a good time to get on the train :)
Have in mind that I'm still a beginner and this idea might fail quickly after posting this idea. Always do your own research before getting in any trades. Good luck. :)
Please tell me what do you think about this idea in the comments and if you agree with me, please rate it up :)
OMG is getting ready for a pumpIt has been consolidating lower just above the big support level at 6.50, so we expect at least a pump up to $8 if we dont have any drastic big down move in the broader market.
OMG/USD my idea - Please don't judge, I'm a newb :)Just my idea for OMG/USD pair in the upcoming 2-3 days. Please note that I'm a total beginner and this idea might fail the moment after I post this.
OmiseGo: High profit potentialThe new market cycle of OMG will begin soon. OMG followed the wyckoff method almost perfectly that means that the probability of a trend reversal is high.
How to buy and sell crypto with the lowest risk.Hi guys, here is a low risk strategy to make money in crypto, all you have to do is buy the coin when the RSI at the bottom, and the price is at one of those supports, wait for divergences, or a selling climax, and you can start laddering in. then you simply sell when rsi and or price hits the next zones, and buyback at the last zone, then sell at the next zone again. buy the bottom sell the top.
When everyone says, this coin will never see below (insert randomly generated price) because of x fundamental reason, or people just realize how much its worth now, or wow this coin is worth so much I think that after the announcement next friday that they announced last friday that they will announce something in two weeks, and all of those hype countdown tweets, and every time there is a hype tweet the price pumps, I'm gonna hold till after that announcement to see if this coin makes another new all time high after the current all time high, because whatever they are announcing must be amazing, no one would ever hype up an announcement so much if was just some random announcement, it defies logic, they would just make the announcement without even having to announce that they were going to announce it. then its probably time to sell as well.
This isn't a buy signal for OMG by the way, there is always the risk we go down to $2.50 from here, but obviously its the best, most low risk time to buy in relation to the chart. actually we have about 5 days for all of these top alts to pump or I will start feeling a bit scared. This leads me to the next item:
Another thing you have to watch out for is emotions, these little bad boys are the best free indicator there is, you don't even need to upgrade your membership for them. if the indicators and price action are giving buy signals, and you feel scared, that's time to buy. and when your indicators are giving you sell signals, and you want to hold for more greed induced profits, then I am afraid (lol) it is time to sell.
When you go to war the primary goals are this: 1. keep your troops morale high (well fed, happy, and healthy) so they fight for you with all of their energy, you are the general, your mindset is the cavalry, and your capital is the foot soldier, you need boots on the ground for a successful campaign. and 2: to, To not lose any battles, the goal is not to win every battle, but to win the war, because you don't get to lose the war twice, but you can retreat from engagement when it is necessary. reflect on this when you have time.
I hope this idea helps you to not get rekt, or to at least minimize your getting rekt potential in the future.
OMG/USD Long 1:2 Mid-Term TradeLong Entry: 6.65-6.90
Target 1: 7.19
Target 2: 7.27
Target 3: 7.35
Stop Loss: 6.58 for tighter one
Risk:Reward 1:1.78 to 1:2 according to your entry level.
Time: 3 days 12hours.
This is a trade I'm in right now, I got in a bit early at 6.96 but I will accumulate my position down between 6.8 and 6.65 range. OMG has upcoming 3 events. 2 Exchange Listing and a summit.
July 30 - Listing on Coinx(www.coinevents.co)
July 31 - Listing on BitPanda
August 1 - Decentralized Web Summit
Also they have an Airdrop - Electrify.Asia in August according to coincalendar.com
If we reach the targets according to plan I might hold the position and change the targets for a potential uptrend reversal. Also you can see the 2 possible scenarios by looking at the white and yellow elliot waves. Let's see how this is gonna work out.
OmiseGo Triple BottomAppears to be a triple bottom for OmiseGo and would expect to take some profits at $9.50, $10.00 and possibly $10.50 in the coming weeks.
There is a possibility for the beginning of an uptrend in OMGUSDTechnical analysis:
. OMISEGO/DOLLAR is in a range bound 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.
Trading suggestion:
. There is 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= @ 8.72
TP2= @ 9.60
TP3= @ 11.68
TP4= @ 14.90
TP5= @ 18.20
TP6= @ 20.09
TP7= @ 28.50
TP8= Free
There is a possibility for the beginning of an uptrend in OMGUSDTechnical analysis:
. OMISEGO/DOLLAR is in a range bound 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.
Trading suggestion:
. There is 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= @ 8.72
TP2= @ 9.60
TP3= @ 11.68
TP4= @ 14.90
TP5= @ 18.20
TP6= @ 20.09
TP7= @ 28.50
TP8= Free
OMG MASSIVE GAIN 1000% 2018 Q4OMG reached bottom and will follow btc up.
Would also like to add that I had a dream 11 months ago, saw coinmarketcap omisego at $64, and now its all lining up.
Ive had dreams about crypto earlier which turned into reality.
LONG OMG TARGET $64, 1000% gain 2018I would also like to add that I had a dream when I first bought in OMISEGO at $1.6.
In my dream I saw the number $64 on omisego coinmarketcap, I do not lie, have had dreams earlier about crypto that later on turned into reality.
OMG maybe a buyEverything is easy when things are bullish. Things go to shit when drop happens. But I think this will kick up. I think $10 or $11 but chart says $9. Eathier ways its a good gain.
BTC, I think it has 30% gains.
OmiseGO OMG/USD moving in the channel to the support zone 6.5 - 3.8$ , then waiting go & bounce up.
Targets
5$
11.5$
14.5$
OmiseGo - OMG wen volume- Divergence on OBV Oscillator
- OBV high/low cross for big move
- Tapering volume
- Retested support
- One of the coins that didn't blow up like every other coin
