OMGUSD trade ideas
OMG coin bounce trade ideaOMG after last weeks large pullback nearly 50% we have held support and started to curl higher. We have nice location here with multiple levels of support underneath. on our 15minute chart we are shaping up with a nice consolidation that should provide support with a stop under. MERRY CHRISTMAS! I Know its a day of family! but Shredding never stops! not even for holidays!
Sold OMG. Correction after ATH. Maybe soon we'll see $7 again.Ok. We not reached our $28 target (see my last idea below) yet but we made a really nice ATH to almost $22.
Now it seems like a correction is coming in. Also BTC broke it's support line what is a sign for me for a harder dip soon.
It's now likely that OMG get back to at least $12 area before it will bounce and we can reach our target of $28 sooner or later.
If the resistance at $12 is breaking this can even go down to $9 or $7 area.
I am out for now and already sold my position.
Now I wait for a better entry level again because 290% profit seems to be enough and even if the bounce come earlier then I expect I am more than happy.
My next entry levels depending on what will happen.
Maybe at around $9, $7 or $11-12.
If it don't go so low I rebuy at $21.
Do your own research. Trade on your own risk.
Last idea:
OMG Short - Long Term Trade -> OMG No <3 OMG Does Not Get The Love It Deserves.
in my opinion Omisego is one of the coins that will one day be valued a lot higher then where it is now. It has a great board of directors and I believe this coin has been overlooked.
OmiseGO is a public Ethereum-based financial technology for use in mainstream digital wallets, that enables real-time, peer-to-peer value exchange and payment services agnostically across jurisdictions and organizational silos, and across both fiat money and decentralized currencies. Designed to enable financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network and digital wallet framework.
My prediction is that OMG coin will be trading at $100+ in less then a few months. If you took my OMG coin trade you can always partial or take out the funds you originally invested, and let the rest run the full course of this trade. I project $100-150 in the near few months 2-6MO..