OMGUSD trade ideas
OMG at perfect trend line interaction and support level...
Absolutely perfect buying level if you plan to have this goldmine.
OmiseGo :- Another Multibagger for 2018OmiseGo is setting itself pretty beautifully in order to spurt upwards once the trendline is broken to the upside.The price rise will substantial and will be backed by larger than normal volumes.
The signals of a breakout are already in place as the price has fallen but the selling volumes have quite drastically diminished.
A look at the major trendline that is in place can you tell that a major bull market is in place upon the breakout.
OMGUSD
#OMGUSD
Market capitalization:1 106 284 000 dollars. 24H:20 418 000 dollars.
On the timetable D1 pair is at a price tag of 10.8 $ .Key levels: Resistance:20; Support:8.5;
Consider scripts
At the moment, the price is in the range of 10.8-10.9.The currency pair is now in a downtrend trend over the past 7 days, the price has increased by 4%. To view purchases the price should break through the wedge and break through the level of 12.5 to get fixed and only under such conditions you can consider purchasing up to 15. If you roll back then the first target will be around 8.5.
OMGUSD#OMGUSD
Market capitalization:1 142 570 000 dollars. 24H:28 638 000 dollars.
On the timetable D1 pair is at a price tag of 11.2$ .Key levels: Resistance:20; Support:8.5;
Consider scripts
At the moment, the price is in the price range 11.1-11.2. The currency pair is now in a downtrend trend over the last day, the price has increased by 1%. To view purchases the price must break through the falling wedge to get fixed and only under such conditions you can consider purchasing up to 15.If there will be a rollback, then the first target will be around 8.5.
OMG/USDT - Starting to Look Good$OMG looks ready to break out again. Should be a nice and safe trade as long as $BTC doesn't shit itself in the next days. Target is the recent high, although we'll probably adjust it along the way according to $BTC's behaviour. Tight stop-loss to protect us from possible crashes along the way, as the market is way too unstable right now.
OMG - A Wedge Breakout Setup!Welcome to my OMG trading idea/guide to crushing it!!
As with everything else in the crypto space, we have been pulling back from our recent surge. OMG outperformed a lot the other major coins during this surge, rising just over 46% from the bottom!!! Hats off to OMG. If this is the wave 1 then can OMG assure us more gains in the next wave up? Potentially. I know some people would say this coin is undervalued compared to the other major coins out there but we aren’t here to discuss that. We are here to trade like a boss. This 46% surge shows the strength of this market and we need to capitalise on it.
The surge topped at the resistance level shown on the chart which has been an action area for OMG. On the pullback, we have formed a descending wedge which has fallen nicely onto the dashed line which previously acted as resistance. Breakouts from formations like this can be very profitable so I’m going to talk you through how to trade them. Hopefully it doesn’t break out before you read it!!!! Also, I will be trading this as I’m laying it out to you now.
Breakouts are one of traders most favourite types of trade as it can offer a trader a high probability trade as we have clear defined stop levels and targets. Breakouts happen in a patterns like this where price contracts towards an apex and are usually broken out with high volume. The trick with trading these setups is getting as close to the breakout without getting caught by fakeouts. I usually find placing buy-limit orders just outside the formation the best way to get in the market so we don’t have to depend on our agility to get in at the right price, it will be done automatically. In this case, I would place my buy-limit at $11.25. Our target can be calculated by the height of the wedge. As the resistance is just before this target, I will be using resistance as my target at $12.45 (10.7%). Not all traders use stops however this is a sure way to get us out of the market if it isn’t acting how we are expecting it to. I would place my stop just inside the formation at $10.87 (3.4%). If we re-enter this area then we are back to square one and we have to find another entry. So here we have around 1:3 risk to reward ratio which is perfect for me. I am happy to enter this trade knowing I won’t get burnt if it doesn’t work out.
A point that is worth mentioning - as we expect high volume on the breakout, our trades should be profitable as soon as they are executed. If price hesitates after your order is placed then it could be a sign that it is a false breakout. When this happens it is ok to step out of the trade and work on another one. The frustration it causes isn’t worth keeping it there just to see is drop down to your stop loss. You want to be in control at all times.
Thank you for taking you time to read this! Please feel free to comment or ask questions. If you feel like this added value to you then please give it a like/give me a follow!
You can follow me through this link -> www.tradingview.com
OMG - USD start of a new waveBearish market so maybe we do not break this resistance.
If we break resistance (april is a good alt month) in the ABC correction, new opportunities.
OMISE GO! OVER 500% GAIN ON INVESTMENT GUYS!OmiseGo HEADED TOWARDS $28!
Guy's we are going for the long run here!
We've got prices currently headed towards our support zone at $5.
Prices could of course bounce off of our current support zone or penetrate this to go even lower, preferably prices head lower towards the $4/$2 Region however this is incredibly idealistic to say the very least.
Let's Wait And See Guys!
TP: 28.00
Repeat same pattern ?OmiseGo already repeated down pattern. Will it be repeat Up pattern also ? watch and see
OmiseGo to hit $40 to $45 around May 2018OMG seems to have formed a symmetrical triangle on the daily chart similar to what is seen on LTC (please see link below). The conditions of the symmetrical triangle is very common to what was published for LTC. If there is an outbreak to the upside, prices can potentially reach $40 to $50. This should be achieved between mid-April to mid-May as long as BTC keeps moving in the upward direction.
MACD on the daily is curling up as well which is a good sign of things to come.
The following conditions have been met for the symmetrical triangle.
1. The general trend of OMG is to the upside. We have consolidated in the triangle after a bullish move.
2. The triangle has been formed with 3 points on each side.
3. We can see the volume reducing
4. The triangle has a duration of 3 months starting from January
5. The breakout will be occurring at least 3/4 of the way through the pattern
Still waiting for the following.
6.We are still waiting on the breakout direction. We need this to be to the upside for the prediction of $40 to $50 to be achieved.
7. We are still waiting on the breakout confirmation.
These are just my opinion. DYOR before using anyone's opinion for trading.
OMG (OmiseGo) tunneling - linear continuationLike the previous OMGUSD channel from my analysis begin of March following up played out perfectly (see ), we can see OMG now opening a new channel in a sideways progressing.
Thus I'm keeping the exact same downtrend channels on the linear 4h (purple dashed) extended to the right, while further fully capturing the last channel.
Resistances to keep an eye out on next development:
- 200 EMA confirmed support/resistance indicator (dark rose)
- 78% fib retracement (nearly falling together with the 200 EMA)
- further intact macro channels (blue solid)
- long term uptrend (green solid) - pierced/weakended at Feb-6 + dumped at March-14 = acting now as resistance
- purple channel's new end - a subsequent upbreak of the current purple channel at the $13-14s could send OMGUSD directly to the end of the blue macro channel in the $16-17s, followed by a common trend resistance in the $18s (green dashed)
OMG (OmiseGo) tunnelingIf you're currently lost in all over #crypto by everywhere predictions of H&S, invertedH&S and confirmation or not, just try viewing in channels.
In example of OmiseGo (OMGUSD) on the 4H advance
OmiseGo OMGUSD
Short-term(1-1.5 week) : moving to the S(support line)
Long-term(1-1.5 month) : TR(target) - 20$
OMG Long OMG is bouncing around a long term support zone; this area was last fall's high of 12.6; as well as recent low in late December and resistance and consolidation zone in February. Holding here with consolidation and a return to the upside would have short term gains with initial resistance at 16. A break of the downtrend from January highs and recent peak in February which projects out around 18 would lead to a retest of the 25-26 high's; for a potential 100% return. A break down below 12 could lead to a retest of recent low's in the 8-9 zone. Not financial advice; just what I am seeing.
OmiseGo short term 30% profitOmisego started a new 5 subwave sequence and is currently in the 2th subwave. We can also confirm this when we look at the MACD, The begin of wave 1 has a bullish crossover, and the begin of the current wave 1 has a bullish crossover. OMG has the potential of 30% profit in the upcoming days-weeks, ofcourse this is only valid when BTC has enough buyers.
OMG a clear hidden love and interest for this coin,Med term downI have been watching this coin for a while now, this would be the first coin i would buy IF there is a moment after a big crash where i think the market could make a relief rally. This one has outperformed BTC many times and with great numbers. But for now it is making bearish patterns, indicating it will go lower. The red area is a clear resistance, the green area is what i think is the target for this flag.
