Long
OMGUSD trade ideas
OMG Ready For Departure! The third target return almost 100%. A good choice for short to mid term investment.
Will OMG Hit $8.00 This Week?OMG price traded at $6.74 with a neutral move of 0.04% in the last 24-hour and 20.88% up in the weekly time-frame. Furthermore, OMG bounced back from the support of $4.90. In contrast, the market capitalization stands at $957.52 million. Technically, investors can perceive a positive crossover in SMA, and the price is above the 21-SMA. RSI index showcases an upward slope. Moreover, the price movement can be towards the resistance of $7.80 in future trading sessions.
Resistance: $7.80
Support: $4.90
OMG to finally break through resistance and move to a new highThe last movement into resistance was a strong movement with high volume and a steep angle, certainly weakening the resistance of the 8 dollar price point. Look for a small correction, and then a run through the resistance and a push to an all-time high.
$omg break out After multiple failed attempts to break out $omg looks solid this time. This time it should break $10 and climb higher. Don’t have enough time to describe more. Please be aware to do your own risk analysis before investing.
omgusdLADIES AND GENTLEMEN,FASTEN YOUR SEATBELTS,WE TAKE FLIGHT...DON'T FORGET,MARKET CIRCULATION IS ONLY 140 MILYON..THIS IS SIMPLE,CLEAR,BEATIFUL CHART!! NOTHING MORE!! NOT FINANCIAL ADVICE:)) NOT:THIS IS ONLY LONG TERM ANALYSIS...
OMG OMG looks like a cup and handle on the week candle you could say double bottom both good and lines in well with my other ideas and research we have the L2 1st part coming soon like with in a month well they do it on blocks so not time as say starts in Germany I believe.
My max target is about 300 to 1000k but who really no s hay wish my house was all ready cashed out hopefully I get in about 5 did pick up some at bottom any way have fun
OMG ON THE WEEK CANDLE
OMGUSD - LOOKING FOR BREAKOUT - BULLISH PATTERN FORMED??? OMGUSD
Forming a symmetrical triangle, looking for breakout move.
Reason for upward breakout:
1) MACD green on daily TF
2) Above 20MA on daily TF
3) Bullish pattern formation on daily TF
4) RSI above 55
5) Above 20MA on 4 hours TF
6) MACD soon flip green on 4HR TF - Currently above 0 level
Entry level : 5.0-5.25
Stop loss : Daily closing below 4.78
Target: USD 5.7, USD 6.42, USD 6.9
omg/usd & omg/usdt ichimoku aspectOMG try to break middle line of it's parallel channel, it is time for it's bull run. OMG break the kumo cloud and after it's pull back to it. the minimum target to achieve 29.25 $ and then goes for other targets.🚀🚀🚀🚀🚀🚀🚀🚀🚀 Buy it in proper zone and be ready for big bull run, it will go to moon in coming days .🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀🚀
Too bad this wasn't identified earlier ehPossible 5th hit on fib circle? Who knows but it's a perfect match every fib ratio leading up to it
OMG logarithmic support/resistance Idea pathJust a look at our up coming ascending resistance lines and potential for some major gains in the near future.
On the chart we are also creating what appears to be an inverted head and shoulders pattern which has nearly completed as well as a potential cup and handle within that same formation. Both very bullish setups overlayed almost directly on top of each other.
OMG has mostly missed out on the beginning of this cycle of $$ entering ALTS so investors liquidating positions from other projects that may have temporarily exhausted their runs will be scouting out the next up and coming parabolic moves and OMG fits the bill for new investors and traders who are keeping a watchful eye on this token which has made each one of its moves in a very powerful flagpole movement.
It's recent buyout by GBV for $100,000,000 and GBV's instant partnership with Enya tells me this buy out was worked out before hand between these two companies for a very specific purpose and niche field that has identified plasma as their ideal vehicle. And now with their latest AMA describing their change of focus to encrypted multiparty computations using Enya I believe we will soon see a new investment rush to OMG once investors realize the potential use case this and niche field this fills.
OMG is currently also working on fast exits from their plasma chain to more adequately be used as a layer 2 for exchanges to reduce Eth congestion, increase erc20 token transfer speed and reduce gas fees by a significant amount. Until fast exit is implemented the exchanges are unlikely to partner or adopt this layer2 solution but the moment it is released I expect a tidal wave raise this token past it's ATH where it will enter price discovery and likely stall out at the top ascending resistance line.
This is just my idea path, feel free to pick at it or adopt portions to your own chart
Second look at OMG beyond the cup and handle we have this set upInverted head and shoulder with a cup and handle with handle being created as we speak.
Nom nom come gettem while they still affordable
