OMGUSDT.P trade ideas
OMGUSDTOMISEGO / TETHERUS
OMGUSDT Crypto Chart
Red = monthly,Purple = weekly,Blue = daily,Green = 3 hours&Yellow = 1 hour
OMG - OmiseGo 350% growth potentialCurrently market is offering an extremely good risk/reward opportunity for the OmiseGo. As long as the support is respected, price can jumpy my 350% in the next couple of months.
OMG / USDT LONG Follow My TradingView Profile To Get Alert
--------------------------------------------------------------
As such, the OMG Network project is built to help make Ethereum more attractive to businesses and projects that want to scale while simultaneously cutting down on their carbon footprint. It achieves this with its plasma-based sidechain solution, which can help reduce electricity usage by up to 99% compared to Ethereum and cut fees by around two thirds, while ensuring assets remain secured by the underlying Ethereum network.
1. TP1 13$ = 85% PROFITE
2. TP2 17$ = 140% PROFITE
3. EXIT 26$ = 220% PROFITE
--------------------------------------------------------------
Always Take Your Own Risk and Don't Get To FOMO.
Please Always Take Your Profit If you Didnt' bought in bearish season .
$OMG breakdown. LONGING for 50++% profits within this month.Descending red triangle = trend for breakdown maximum 24th May 2021.
Buy during reversal.
Reversal = blue triangle in market cipher a and RSI bullish divergence at least 2 times in market cipher b.
** REVERSAL NOT necessarily on 24th May 2021, as long we see price action as per reversal explained above, then SHOULD BUY.
Price targets (assuming breakdown reach ascending triangle):
Buy: $6.18 (expected at 24th May MAXIMUM)
Sell 1: 50% assets @ $7.90
Sell 2: 25% assets @ $8.86
Sell 3: 25% assets @ $10.52
Stop Loss: $5.70
Fundamentals why this coin is relevant:
Community Points Engine
The main goal of the Community Points Engine (CPE) is to give communities a means to create scalable points and rewards systems in a trustless manner. Due to technical limitations, public blockchain infrastructure like Ethereum cannot handle the required load of the modern points applications, hence the need for a scaling solution.
The CPE is a working proof of concept application that utilizes OMG Network as a trustless, high throughput settlement rail for community points transactions. The full demonstration consists of a working application, and this document contains details on how special claim, burn, and subscription transactions can be implemented on the network.
Exchange Use Case:
User Personas
Customers - participants and active users/traders of a given exchange.
Integrator - development and management staff at an exchange that evaluates the requirements and delivers the integration to the OMG Network.
OMG Network - a technical and management team within the OMG Network that supports the Integrator during the integration process.
User Stories
As a customer, I can deposit ERC20 tokens (e.g. USDt) from the OMG Network compatible wallet to my exchange account.
As a customer, I can use deposited funds to make trades on a given exchange.
As a customer, I can withdraw ERC20 tokens from my exchange account into the OMG Network wallet (web or mobile).
OmiseGo - Buy a break setup.OMGUSDT - Intraday - We look to Buy a break of 10.52 (stop at 9.86)
Daily signals are bullish.
A break of bespoke resistance at 10.50, and the move higher is already underway.
Bespoke resistance is located at 12.50.
Bullish divergence is expected to support prices.
Our profit targets will be 12.37 and 13.37
Resistance: 10.50 / 11.40 / 12.50
Support: 9.50 / 9.00 / 8.50
$OMG Public Test 1Findings:
Mean Reversion - +28% from mean D
- -2% 4H
Volume Profile - @ Volume 4H/1D
Bar Replay - Good
Conclusion:
Price +22%/-23%, Short, Falling back to daily mean, bar replay. 2/3
-Price is @ volume//no direction
RATING// C
Publicly posting so that I can share my findings. Though this is similar to what I normally post, do not take any of these analyses as trading advice.
great time to go LONG on OMG/USDTas you see we are at FIB.retracement 50% + we are at great price reversal zone(yellow one) and powerful uptrend ,for rest of way, volume is fine Stochastic and RSI are at high levels, don't miss this. and there are two targets I used Fib.projection to mark it.
Just an ideaThis is not a financial recommendation
It's just my opinion
I am Waiting for the break of trend line and pullback
Buy in the red zone
Targets have been identified
Just wait and see whats hapening
omgusdt The pattern is repeated.
omg up. Fibonacci levels are quite telling.
Target hunting
Please like if you accept my idea
Up-Trend after a little descendingThe main channel in 1D time frame is ascending
but, we have a descending parallel channel in 30 min time frame.
Maybe, by touching the mid-line, once again comes to higher levels.
