OMGUSD trade ideas
XABCD Pattern on OMGUSD? (Practicing my TA)Hi guys! Still learning Technical Analysis, any feedback or thoughts are much appreciated!
If it follows the XABCD, OMGUSD should bounce off the support around 5.8-5.6 and then break out of that wedge and rise toward 7.5-7-6 where we can look for selling opportunity.
OMG - Upside down head and shoulders? Targets: 7.5, 9.5Waiting to confirm the formation of a reversed head and shoulders pattern which could be a signal of reversal of this correction from ATH we are seeing. I think it has already broken out of a descending triangle, another sign that the correction is reversing.
Still practicing identifying good price targets but I have profit levels tentatively set just under 7.5 and 9.5 for now (fib retracement).
Fairly new to TA in general - feedback is most welcome! What do you think?
OMGI mean look at this cup and handle baby! very juicy. pushing through resistance. The price won't be tha fast but we should go to 9 dollars in the next couple of weeks
$OMGUSD - Bullish flag and resistancesHello everyone!
Bullish flag is spotted in OMGUSD, there is a strong resistance at $6.35 if that resistance is taken, look for a mid-term target at $6.90.
Wait for a breakout and go long.
OMG 2 possible buy options
Hello traders:
Looking at OMGUSD for further bullish opportunities.
Price showed a clear bullish move to the upside, and then dropped down to form this HTF correction.
We can see the correctional structure is descending in nature, and could lead into a bigger higher time frame continuation correction.
I can expect 2 possibilities buys, either price breaks out from this descending channel and form LTF correction to go
or
price may correctively move down once more to the lows of the channel before a bullish reversal from the bottom.
thank you
$17 or $27 Oh My God Coin by Mid March- Ultimate Fib Confluence Look at the Time based Fib Extension on this bad boy from the 2020 bottom to the peak in the summer time. Combine that with a regular Fib Time Zone and we see a bottom or top is made after around 20 something days from once we reach the zone. Something nutty is about to be brewing.
1.100 Days (161 weeks) Downtrend Reversal!Omisego is TOO CLOSE to 1.100 days (161 weeks / 40 months) DOWNTREND REVERSAL!
Candle closing above U$6 confirm the reversal.
We will have a HUGE movement when it break.
The 2023 Future of OMG Foretold by MathMr. Fibonacci was a genius so lets use the golden ratio levels combined with Fib Time Zones. Anything can happen by end of year 2023, but for now, 2021 is going to be insane. Get ready and make sure your spaceship does not run out of fuel this year.
OMG/USDSeems that OMG is going to see some price action and potential reversal sooner than anticipated.
A nice breakout of the falling wedge on the 1H with a doji formation on the 4H could mean that OMG’s time is nearing.
$4 is a conservative price for next run up if Bitcoin stops swinging 10k at a time.
$10 is where I plan to take profit
