Is OMG ready to go go GO?After testing the breakout, we're back down to hopefully bounce of this resistance line.
If it plays out, then we should be on our way to $10 and quite potentially $14 and upwards.
Leave your thoughts in the comments.
OMGUSDT trade ideas
Little AnalysisI'm a bit conservative about OMG's potential. I have seen a lot of "analysis" where they predict a price of even USD 40. I believe that's extremely unrealistic. I f you wanna play for sure, I would recommend selling at USD 8. OMG has still a nice bullrun, but I do not think it's going to get up to more than USD 10
OMG/USD - Looking healthy for some nice gains! $20 on target!OMG price action is looking juicy lately and we're just under this resistance at $6.8 which I expect to fall soon and OMG will move higher.
Once we break above this local high we should have a nice rally towards $10 and above. On a longer timeframe, aiming for the previous ATH at just over $20 is a good target.
MACD moving on the positive side is also bullish. RSI and volume are up... yep. Looking good. :)
I'd expect a nice run to $10 then maybe another break and consolidation before higher levels.
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STRONG BULLISH (BARGAIN 700% gain on OMG)OMG - what a find; market cap <1B
ATH 28 USD
Price now ~6 USD
In this bull run, expect price first pass resistance of 8 USD, then it will take on previous ATH of 28, before the next leg to ~40 USD
No brainer buy, HODL for longer term.
DYOR
🎯OMG - Get Ready, Here We Go!🚀Retrace appears over on OMG, usdt chart at least.
Generally after a volume confirmed breakout like this we get a retrace, followed by massive growth. Pretty textbook pattern and basic trading.
BIG upside potential from here and should be a pretty straight ride up.
OMGUSDT - Possible BreakoutHi Guys
Hope all is well with you , and wish you Green Numbers
here you may find my PERSONAL IDEA for next movement of OMGUSDT on Binance and ofcourse :
** ITS NOT A FINANCIAL ADVISE **
"" its just my Personal IDEA ""
(A) : which you can find Breakout point of Triangle in 240M Candle
Then in addition we may find +HD ( Positive Hidden Divergence ) in RSI and Price Indicator
also i just spotted 3 resistance point for next possible price targets
Thank you for your attention and
i appreciate if you LIKE and FOLLOW if you are agree with me
Best Regards
OMGUSDT - LongOMG has a strong support and looks like it's a good time to open a long position @4.78
🔥 OMG Symmetric Triangle BreakoutSince early 2021, OMG has been following a strong support. Few days ago OMG bounced off said support again, starting a new path up. At the moment, OMG is also near the resistance of the symmetrical triangle drawn on chart, potentially breaking out soon.
Happy trading!
Crypto|OMG/USDT|Long and shortLong and short OMG/USDT
Activation of the transaction only when the blue zone is fixed/broken.
The author recommends the use of anchoring fixed the blue zone, this variation is less risky.
If there is increased volatility in the market and the price is held for more than 2-3 minutes behind the activation zone after the breakdown, then the activation of the idea occurs at the prices behind the activation zone.
Working out the support and resistance levels of the consolidation zone.
* Possible closing of a trade before reaching the take/stop zone. The author can close the deal for subjective reasons, this does not completely cancel the idea and is not a call to the same action, you can continue working out the idea according to your data, but without the support of the author.
+ ! - zone highlighted by the ellipse is a zone of increased resistance, in this area there is a possible reversal for a correction, please take this factor into account in this transaction.
The "forecast" tool is used for more noticeable display of % (for the place of the usual % scale) of the price change, I do not put the date and time of the transaction, only %.
The breakdown of the upper blue zone - long.
Breakdown of the lower blue zone - short.
Working out the stop when the price returns to the level after activation + fixing in the red zone.
Blue zones - activation zones.
Green zone - take zone.
Red zone - stop zone.
Orange arrows indicate the direction of the take.
Red arrows indicate the direction of the stop.
Priority - The value of the priority parameter implies the author's subjective opinion about the more likely activation zone on this idea, this does not mean that this idea will be 80% activated by this parameter, the purpose of the parameter is to provide for the risk of the inverse of the zone parameter.
Example: "Priority Long: So the author inclines more in the direction of the activation zone open long trades, in this case, when reaching the activation zone in short you should be very careful, because this area may be highly likely to be punched about the breakdown/do not get to take/activate transaction from go to stop."
Please consider this parameter if you use my ideas.
SUM PNL: This parameter displays the total % of all closed ideas of the "new" format (according to the author) for this sector at the time of publication of the idea. The calculation is very "clumsy" just the sum of the profits of all the ideas, based on this indicator, you can more accurately assess the risks when working with my ideas of this sector. I present you the construction of the idea, you can use it yourself as you like based on your subjective view and risks, the calculation of the PNL indicator is carried out only on transactions that the author closed on TV in manual mode or by take.
P.S Please use RM (risk management) and MM (money management) if you decide to use my ideas, there will always be unprofitable ideas, this will definitely happen, the goal of the system is that there will be more profitable ideas at a distance.
OMG Network Broke Support! Potential 300% Targets!? Thanks again Naim Thomas for the suggestion!
We are trading above the previous structure and currently waiting for a confirmation. With targets, we can expect a 300% to at TP1. However, the 8.50 mark might give resistance as it was the previous monthly sturcutre.
Dicy trade, but with crypto sentimental at the moment we are passing a bullish bias.
OMG Network (OMG) Trading Setup & MomentumWhat Is OMG Network (OMG)?
OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.
The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of.
The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.
Latest news:
3 December 2020
Investment firm Genesis Block Investment (GBV) has announced the acquisition of blockchain platform OMG Network. This development was revealed in a press release on December 3 and would bring new changes to the OMG Network ecosystem.
19 Mar 2021
Varna – Plasma's Privacy-preserving Exchange – Public Beta imminent
Quasar – Plasma's Fast-exit Solution – Awaiting Smart Contract Audit
Hashcast – Public Beta available!
Reasons of trade:
Old project I'm following since 2017, always solid and serious.
Everything I'm posting is a serious project and had a lot of research before any analysis on chart.
Trade valid as long as S3 holds.
Current closed trades (with success!):
Chiliz
Digibyte
BAT
SC #1
SC #2
SC|BTC
StormX
Perlin
For details comment at any time!
Don't forget to like and follow if you find this helpful!
OMGUSDT - LONG OMG on the daily timeframe has broke above daily resistance with a strong bullish impulse followed by a nice correction to retest previous resistance now turned support, also aligning nicely with the 0.50 fibonacci, now im expecting to see the continuation to the upside and market to go and form a new higher high from a daily perspective, on the 4hr we now have a new higher high we can take the trade on the retest of structure IF all our other entry rules are met.
