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OmiseGO / TetherUS PERPETUAL CONTRACT

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OMGUSDT.P trade ideas

OMGUSDT - 4H IT IS NOT YOUR TIME YETOMGUSDT - 4H IT IS NOT YOUR TIME YET BOT TRADEX NEWS: We have carried out the first successful tests of automated order execution based on Trading View strategies and indicators. These tests have allowed us to study the execution logic of all the BOT variables, so we have already begun to implement new functional improvements. It will be ready very soon :) If you like my AT, and you agree with the approaches, please FOLLOW ME and press BOOST so we can share it with more people. We are working on an automated trading tool so that everyone can apply their strategies VISUALLY and PROFESSIONALLY, as we present in the analysis. Thank you! _______________________________________________________ OMGUSDT -4H IT IS NOT YOUR TIME YET OMG is inside a DOWNWARD TRIANGLE It seems difficult for OMG to improve its price without first touching its support at 0.208. LEVELS: TP: 0.344 Resistance: 0.289 SL: 0.208 ______________________________________________________ Automated Cryptocurrency Trading Bots: All these strategic alternatives can be configured with TradeX BoT, as it will allow you to position in both directions without having to block any amount per position. It will only be necessary for the conditions to be met, either downward or upward, for the orders to be executed in one direction or the other, taking the necessary deposits from your portfolio. TradeX BoT (in development): Tool to automate trading strategies designed in TradingView. It works with both indicators and technical drawing tools: parallel channels, trend lines, supports, resistances... It allows you to easily establish SL (%), TP (%), SL Trailing... multiple strategies in different values, simultaneous BUY-SELL orders, conditional orders. This tool is in the process of development and the BETA will soon be ready for testing. FOLLOW ME and I will keep you informed of the progress we make. I share with you my technical analysis assessments on certain stocks that I follow as part of the strategies I design for my portfolio, but I do not recommend anyone to operate based on these indicators. Get informed, train yourself and build your own strategies when it comes to investing. I only hope that my comments help you on your own path :)
Short
by DeuXfi
OMG. Oh my Gosh! +2K% returns?In this idea you will learn: - Why OMG could be a huge upside gainer for this Crypto Bull Market Cycle 2024-2025 - Why we entered already for a Spot Trade (potential +2k% returns) -- Alright! Thanks for joining me for another IDEA here on TradingView. It's been a while since my last one as I have been very much focused with crypto work. I did still do a lot of day trading over the course of August 2024 I was able to earn $15K. If you're interested to learn more how to trade for free you can always join my free telegram channel. Going to our topic OMG is set to do a potential +2.4K% returns With the current market condition and Q4 per analysts is set to close strong we're looking at a potential break of this downtrend channel. Monthly Timeframe: Opening up our Volume Indicator: You will notice that September we have our most highest volume! This indicates that more buying volume is coming in at these levels. That's one of the first reason why we are now entering this Spot Trade + Futures Trade (can be swing with a low leverage 2x to 5x) As for the RSI Indicator: You will notice we are at an oversold area and looking at the moving average of the RSI14 as well is that it may act as support already and could lead further upside movement. Hopefully this could be a life changing crypto asset for you! Financial Disclaimer: I am not a financial expert. I am not responsible for your funds unless you are my client. Hahaha.
Long
by amosjohndomingo
OmiseGO Very Strong Bullish Breakout (Relationship To Bitcoin)Here is another chart that shows how the Altcoins will behave if Bitcoin moves lower (or higher). I will sum up the whole dynamic I've been explaining in the past 45 days in this trade-idea. Bitcoin is trading really high, around 60,000, the same as back in March/April 2024. Here we have OmiseGO, and recently this pair hit a new All-Time Low. OmiseGO is trading lower than March 2020, obviously, the lowest ever. ➢ Once we hit bottom, the only place left to go is up. Now, today Bitcoin is red and is moving lower, likely a lower high and the resumption of the bearish move. Today, OmiseGO produced a super strong, high volume bullish breakout. This is because the pair already bottomed. So, those Altcoins that are trading low/near support, can easily recover and start to grow. Those Altcoins that are trading high/near resistance (the Giants), can easily produce a strong correction. The giants and those trading high right now are Solana, Tron, Binance Coin, etc. You can tell by looking at the chart. OMGUSDT is just one example but we have literally thousands of these pairs. I've shared several hundreds myself recently. If Bitcoin were to crash strongly or simply continue lower, we know that this and other bottomed out pairs can grow. Note: At the beginning, the first few days, a strong crash on the Bitcoin side can affect the entire market negatively, this is normal. The smaller projects that already hit bottom can recover the same day or might even profit from Bitcoin's drop. The medium-sized Altcoins can take some time to recover while the big ones will move down with Bitcoin. I am generalizing here and this can't be done. We have to consider each and every single chart individually, because nothing is certain, the market is big and how a project moves will depend on its own chart. But this general view, this global view of the market can give you a map and help you to better navigate the market when making the decisions and when you trade. This information is not available anywhere else in the world. It is only possible thanks to your support. Bitcoin peaked 14-March 2024. It has been going down now for six months (lower highs and lower lows). Many Altcoins have been growing for months and will continue to grow, while many more will start growing in the coming days, weeks and months. The market is growing and evolving, we cannot reach conclusions based on assumptions, we have to plan and act based on the available data, based on the charts. 👉 The Altcoins market is going up! Actually, let's reach a different conclusion: The Altcoins market will grow regardless of what Bitcoin does! Namaste.
Long
by AlanSantana
3
OMG/USDT BREAK POSSIBLITYOMG/USDT shows the low time frame possibility for new volume which can affect the price for an uptrend. ( depend all on high chance) There are no guarantees in the markets. The new increase volume updates always start with interest if there is a confirmation to follow and if there is a building with a hold for a time. 90% of coins this time are not building coins. Some % also show a start fake trend and return to where it started. time frame confirmation + high levels building is important for a healthy coin. OMG has break possibility, it did stays strong against BTC breakdown
Long
by SatochiTrader
Pattern Review for Descending Wedge OMG/USDT on 30m Timeframe.Pattern Formation The primary pattern formation observed in this chart is a descending wedge . The green dotted lines indicate the narrowing of price action, with lower highs and lower lows, which generally signal a potential bullish reversal. Volume Profile Analysis The yellow horizontal lines represent the volume point of control (VPOC) within the respective wedge formation. These lines show the price levels where the most volume has been traded, indicating strong support or resistance levels: - The upper yellow line (around 0.34) aligns with the VPOC for the 240m wedge formation. - The lower yellow line (around 0.33) aligns with the VPOC for the 120m wedge formation. Price Action Analysis for the Right Side Charts 1. Top Right (1-month candle chart): - The chart shows a significant downtrend, with red candles dominating the recent months. The last few months show some consolidation with alternating red and green candles, indicating a potential bottoming-out phase. 2. Mid Right (2-week candle chart): - The 2-week chart also shows a clear downtrend. However, the recent green candle indicates a possible short-term reversal. There is a noticeable wick at the bottom of the current candle, showing buying interest at lower levels. 3. Bottom Right (weekly candle chart): - The weekly chart displays a strong downtrend with a series of red candles. The current week shows a small green candle with long wicks on both sides, indicating indecision and potential reversal. Possible Trade Based on Analysis Given the descending wedge pattern, the volume profile analysis indicating strong support around 0.33, and the potential reversal signs in the right-side charts, a long trade could be considered: Note : For educational purposes, not a financial advice. Always consider overall market conditions and set risk management strategies accordingly.
Long
by TJalam
OMGUSDT Big move incomingOMGUSDT has completed a major corrective five-wave structure, indicating potential readiness for an upside move and a major rally. We anticipate an inverse head and shoulders (ISHS) pattern forming, with the left shoulder and head nearing completion. Our focus is to long from the current price, targeting the projected neckline as the immediate resistance level. Should this pattern unfold as expected, a significant move could be in store for OMG. More update to follow as the market develops.
OLong
by weslad
6
OMG likely to see a rebound 🚀 Long trade to previous top for V"According to Santiment, some of the best altcoin candidates who are inside the mid-term opportunity zone include Lido DAO (LDO), Synthetix (SNX), Storj (STORJ), and OMG Network (OMG)." Entry current price Stop loss @ 0.896 Take profit 1 @ 1.142 Take profit 2 @ 1.284 ✅ Perfect bounce off the 0.702 Optimal Entry Zone Fibonacci level ✅ Consecutive long-legged demand candles on 12h ✅ Stoch RSI nicely reset from the bottom and rising ✅ KDJ scoop crossing the descending trendline
OLong
by ThinkLikeaWhaleTLAW