cup & handle.Potencial CUP&HANDLE for OMG on daily ?????
we could see bottom of the handle around 8$ with a wick down to 7.31 If confirmed play it.
OMGUSD trade ideas
OMG/USDI ran through the TOP-100 coins. In my opinion, one of the undervalued coins of the OMG Network (#OMG). Technologically, this project can be equated with Polygon (MATIC), they both use Plasma technology (this is an analog of the Lightning Network, but for ETH). Their capitalization differs by almost 8 times, although USDT was minted at OMG last summer, and they interacted with the great Vitalik in the development of the project )
OMGTHought I had posted this earlier but we are breaking out of a symmetrical for continuation higher on OMG. I think we are gunning for 11 from here.
OMG heading to previous ATHDid you get on this before the pump, if you feel you are later, cmon check its still below 2018 ALL TIME HIGH.
OMGNo change. I think its looking good on the weekly. Currently above significant support. get a good close tonight and I think we will see much higher prices in the coming weeeks. I've listed fib targets for when the ATH is broken. 23 atleast is where we are going to go imo. its the 1.618 level on the fib extensions. see previous post for more details
OMGLooking great right now breaking above major resistance zone. The last leg up took us to 15.50 which was the 1.618 on the fib extensions. If that plays out again, I am anticipating we will go to 23 on this next leg up. Breaking above this resistance should give us so nice momentum to the upside
OMG Sell a break setup.OMGUSD - Intraday - We look to Sell a break of 5.928 (stop at 6.161)
Prices stalled near resistance and reversed lower.
Rallies continue to attract sellers.
The RSI is trending lower.
A break of 5.930 is needed to confirm follow through negative momentum.
Trend line support is located at 5.300.
Our profit targets will be 5.251 and 5.051
Resistance: 6.600 / 7.000 / 7.300
Support: 6.000 / 5.400 / 5.000
OMGUSD Free to PumpOMG is free to pump through 2.618 of its respective Fib circle
with a double bottom on a strong support this is a likely scenario
OMGUSDBullish Bat
Price need to follow GREEN TREND LINE and hit Target 1 & 2 , else if Price BREAKS RED TREND LINE is EXIT
POTENTIAL BUY
OMG/USD: Upward breakout possible (3W).Upward breakout possible on pattern 3W. Bitcoin is also forming pattern 3W up.
In general, altcoins are growing more actively than bitcoin:
What is a signal in favor of price growth.
IS OMGUSD READY FOR ITS NEXT BULL RUN? #BLESSEDPIPSWITH A STRONG HOLD AT SUPPORT AND A LOT OF POSITIVE CRYPTO NEWS THIS WEEKEND. THINGS ARE LOOKING POSITIVE, LETS SEE WHAT HAPPENS.
#BLESSEDPIPS
OMG vs ETHas I expected, the price of ETH reached 4400.
I expected it, I did the math to "calculate" it.
it is in my idea related linked below this one, check it out.
about this one...
IMO OMG could reach 80 USD.
so, If you DO NOT know what to do or expect from ETH now, you should consider checking all the other ideas I had about cryptos and consider switching to one of them that haven't yet seen the rise to +200% from their ATH in 2017
i CAN NOT assure you specifically this one will reach 80, neither it will stay on the green channel, neither holding this when seeing -40% (it could, it's crypto volatility :D), tho, as I said in a previous analysis,
i have put the STOP LOSS AT 6.5 USD (considering my entry point at 11 USD, its almost -50%)
in the end, trade, do it, but with something you can afford to lose.
AND... pls: use stop loss. in the crypto's world prices can rocket down as fast as they rocket up.
OMG (literally)OMG, could we see an almost 8X as OMG rise as much as 80 USD?
check my related ideas about altcoin season, where I DID predict ETH to 4400 USD.
have fun, and don't risk what u cant lose
USE STOP LOSS, I put mine at 6.5 USD for now, will raise it when condition will change
OmgExpecting resistance at 13.1$. If we can confirm a hold above 12.2 it’s pretty bullish breaking 13.1 and confirmed support up there should be a mean breakout
The Future In Fib Fractals1.618= Golden Ratio. Keep it simple, using trend based fib extensions to find fractals for the next "top".
OmgIt’s holding support really freaking well. Honestly this is extremely bullish if we contiue to maintain here watching this guy closely... could still stay down here longer but this 11.3 area is really really interesting to me
OmiseGo: If this doesn't work I retire from trading.Self explanatory.
Double risk to 4%.
Not financial advice.
Trade at your own risk.
BITFINEX:OMGUSD
