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OMGUSDT SPOT

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OMGUSDT trade ideas

OMG cryptocurrency outlook: Profitable trade ahead?Hello everyone! Let's take a look at the OMG cryptocurrency and its prospects for the near future. For over a year, the asset was in a global correction. In December 2022, a reversal movement of the asset began, with a subsequent increase in price and a breakthrough of the descending trend line at around $1.25. Currently, the asset is in a local phase of correction and is approaching a local support zone, followed by an ascending trend line. In this area of approximately $1.4-1.46 , you can look for an entry point with further position fixation in the Fibonacci zone of 0.236. The net profit when buying on the spot will be approximately 39% It is also possible to expect an increase in price to the next Fibonacci level around 0.382 , resulting in a total profit of approximately 109%. This is not a financial recommendation, and everything you do, you do at your own risk.
OLong
by TradeMyIdea
OMGUSDT - OmiseGo Ready to go ParabolicHi Traders, Investors and Speculators of the Charts 📈📉 Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. OMGUSDT is looking extremely bullish after a period of consolidation. The last time after OMGUSDT consolidated around the support zone and continuously tested this resistance without falling lower, it was a literal OMG moment and the price went parabolic to $9.92 in July 2020. I think a big bounce on this zone is likely, and a near term 275% increase seems more likely than an immediate 500% increase. Ultimately, depending on your patience and trading strategy, 500% is a realistic increase for altcoin markets during a bull cycle. The potential at this level is confirmed by HIGH volume the previous two times that the price traded around this level. A quick look at OMGBTC also shows bullish price action is most likely after a long period of consolidation against BTC . If you're looking to get a step ahead on Bitcoin, check out this idea 👀: These three charts together give away hidden information about where the price of BTC could be going next. _______________________ 📢Follow us here on TradingView for daily updates and trade ideas on crypto , stocks and commodities 💎Hit like & Follow 👍 We thank you for your support ! CryptoCheck
OLong
by Crypto-Check-
35
$OMG/USDT 4h (#BinanceFutures) Ascending trendline breakdownOMG Network (f.k.a. OmiseGo) printed a shooting star below 50MA resistance and seems about to retrace down further. ⚡️⚡️ #OMG/USDT ⚡️⚡️ Exchanges: Binance Futures Signal Type: Regular (Short) Leverage: Isolated (3.0X) Amount: 8.4% Current Price: 1.711 Entry Targets: 1) 1.796 Take-Profit Targets: 1) 1.476 Stop Targets: 1) 2.010 Published By: @Zblaba $OMG #OMGUSDT #OmgNetwork #OmiseGo #L2 Risk/Reward= 1:1.5 Expected Profit= +53.5% Possible Loss= -35.7% Estimated Gaintime= 1 week
OShort
by TradingOn
OMG: Pullback in UptrendOMG Network (OMG) technical analysis: Trade setup : Price broke above $2.00-$2.10 resistance zone with massive volumes and reached $2.50 resistance, the highest level since Sep 2022. Pullback near $1.50 support could be a swing entry with $2.00-$2.50 upside potential. Wait for Momentum to inflect bullish again (MACD Histogram rising) to indicate that price has found support and could swing back up. Trend : Neutral on Short-Term basis and Uptrend on Medium- and Long-Term basis. Momentum is Mixed as MACD Line is below MACD Signal Line (Bearish) but RSI ~ 50 (Neutral). Support and Resistance : Nearest Support Zone is $1.50 (previous resistance), then $1.00. The nearest Resistance Zone is $2.00 – $2.10, then $2.50.
OLong
by altFINS
Strong Gains, Overbought Signals, and Potential MomentumHey there! Let's take a look at OMG and see what the indicators are telling us about this asset's current state. First of all, OMG has had the most significant gain of all coins in the market today. Looking at the RSI, we can see that it's currently at 85, which suggests that the asset may be overbought. However, the Bollinger bands tell us that the asset is currently overpriced but has the potential to decrease in price. The middle band at $1.49 is a support level that we should watch out for. Next, we have the Fibonacci levels. The asset is currently trading above all levels, which is bullish. However, it's important to keep in mind that the asset is currently overpriced, so there's a possibility of a pullback in price. The volume oscillator is at 59%, which tells us that there's a good amount of interest in the asset. The MACD is 0.085, which is above the zero line and indicates that there's potential for upward momentum. Lastly, the stochastic oscillators are at 79, which suggests that the asset may be getting close to overbought territory. Overall, it seems like OMG is in a bullish trend, with the potential for upward momentum. However, it's essential to exercise caution since the asset is overpriced and may experience a pullback. The 4-hour EMA 50 at $1.465 is a support level to watch out for. As always, make sure to do your own research and make informed decisions that align with your investment goals and risk tolerance.
O
by MonoCoinSignal
1
OMG! What Is Happening? Analysis #3/50Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst. on DAILY: Left Chart OMG is overall bearish, however we are approaching a strong demand zone and previous major high. So we will be looking for buy setups on lower timeframes. on H1: Right Chart OMG is bearish from a short-term perspective trading inside the falling red channel. 🏹 Trigger => for the bulls to take over, we need a new high to form and then a break above the upper red trendline and red zone. Meanwhile, until the buy is activated, OMG can still trade lower till the 1.22 - 1.30 demand zone. 📚 Always follow your trading plan regarding entry, risk management, and trade management. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
O
by TheSignalyst
4
RLinda ! OMGUSDT -> Bulls open up potential for growth OMGUSDT double bottom forces a change in market structure. The price passes the key zone of 1.250-1.350 and thus the bulls start to feel more confident. Following the strengthening of the market, OmiseGo breaks through the resistance and moves into the long zone, which is above the descending wedge resistance. The bulls are trying to hold the zone after the pullback. The key level from which to expect a rise is resistance at 1.692. If the bulls manage to break through this line and consolidation above it, there is an upside potential to 2.03 I expect the final fixation of the price above the support area and the level of 1.692, and then growth to the short-term target of 2.03, and then to the middle-term target of 2.40. Sincerely R.Linda!
OLong
by RLinda
13