Buy opportunity BCH/USDWe have found a strong support zone mixed with a triangle shape that could break in the next hours. We also see a MADCD divergence, the price doesn't overcome the last low but instead the MADCD shows a higher low.
OMGUSD trade ideas
Buy opportunity OMG/USDWe have found a strong support zone mixed with a triangle shape that could break in the next hours. We also see a MADCD divergence, the price doesn't overcome the last low but instead the MADCD shows a higher low.
OMG look at these support and resistance targets!If you believe in alt cryptos and TA then time to load up whilst all eyes on btc finishing its bull?
OMISEGO - 30%+ Profit Potential. OmiseGo signaling a potential uptrend which should approximately be 20-40% if we bounced back from the support that we are currently at. MACD also indicates an upcoming uptrend.
Orange - Resistance.
Pink - Support.
As always trade the lines accordingly.
OMG Can the bullish momentum keep going?I've been feeling pretty good about OMG but there is also the possiblity that if the lower uptrend line is broken then we could go down to the bottom of the descending channel.
A large correction in BTC could be catalyst for such a move.
The recent bearish move has just had a .618 retracement and we could go up or down just as easily from here.
I suspect we will either see the formation of a nice cup and handle which will be great.
Or we will continue down into the $3-5 range.
I dropped off most of my OMG for ETH for the short term. I'm not really interested in holding a lot of them until OMG starts making bullish price movement on the ETHOMG chart.
H&S (its possible short to $4.40)TF is 4H, ENOUGH a strong figure.
critical points:
8.00
7.50 ( this is first breakdown of the lowest support line- 2.75 median) very very very strong signal
OMG Trading Plan -> The Only One Missing The PartyOMG Coin has great potential. I believe this is one of the coins we will regret we never considered. Its the only coin that has not breached its top. It seems to me as though it has been reacting quite good to the market swings, Although it did not over-react and jump the gun running up. It may be a slow movers but the upside potential is there.
I think OMG coin has potential to show us a nice move up in the next few months.
Target $20-$24 on OMG coin
This is a risky trade and should not be traded with large quantities. Please be sure to understand your risk reward ration before going into a trade such as OMG. Also OMG coin should be traded with the understanding that it may go back down to $6 or even less. In that case you will have to hold it for the "long run"
Good luck traders.
Trade should have been open at the break of $8
OMG - Good time to add or further correction?OMG already at .618 fibs, will it dip further or good time to add?
Omisego Daytrading Buy OpportunityFalling wedge
Break resistance trend line will give us a buy opportunity
$OMG #OMG channel still running!I picked up some more here. Great swing trade!! #OmiseGo #btc #bch #eth #ETP #ADA
OMG hit bottom and is on the way up..... climb on boardOMG headed up....next stop $9.00 ... we hope :)
OMGUSD - Short Term Reversal PossiblePretty simple analysis with clear channels forming in several short term patterns.
Purple (LONG) - Signifies steady long growth
--Breaks out officially on 11/27/17.
Green (MID) - Signifies an increased growth rate compared to the long trend rate
--Breaks out officially on 12/4/17.
--Recedes back into Green channel on the next day, 12/5/17.
Yellow (SHORT) - Signifies an even further increase in growth rate compared to long and mid term rates
--Break out (potential) between 4-10 days IFF one of the following conditions are met:
1) Green channel lower limit is not broken by any decline
2) Yellow channel upper limit is tested above its current threshold
3) Steady positive growth follows the decline today (12/6/17), and the Purple channel upper limit remains a general price line.
I don't follow OMG too much, but their Fiat value is impressive.
I have a stake at ~$8.50 USD/OMG, but I try not to be biased/emotional in my decision-making.
As always, be responsible with your Altcoin trading as it is a degree--or several degrees--above BTC HODLing and other base currency HODLing.
Cheers All,
-Jordan
P.S. My bet is that OMG will hover in the Green channel for some time longer (until we flirt with the $15 USD mark).
OMG - Elliot Wave countI believe that we have complete the 5 waves and that we should expect a correction at this stage, then the upwards movement should resume. The wave A should finish with a bounce from MA100 and wave C should finish at the support level of $7.25
As always, I'm fairly new at this, any feedback is really appreciated.
Good trading to all.
OMGLooks like possible bullish continuation. If it holds support, expect it to continue in a bullish uptrend.
OMGUSD in good buy areaOMG just closed down on support. Here should be enaugh buying power before me move back up again. Once we get over resistance, this coin should see new hights.
OMGUSD AB=CD Pattern?My crystal ball gave me this reading this afternoon ;)
In all seriousness tho, please don't trade off my doodles. Only one of untold possible scenarios.
I'm keeping a close eye on BTC for some overdue corrective price action which could have a negative effect all the alt markets.
