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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Omgusdt
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
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!
Trading idea for OMGUSDTOMG has the potential. It seems it has broken the downtrend. It may go up to $8-9 again if all goes well in midrange.
Do not miss the the great buy to OMGUSDTTake Profits:
SHORT TERM
TP1: 5.93
TP2: 6.73
LONG TERM
TP3: 7.75
TP4 10 - 10.6
STOP LOSS :
.If you want to trade short term below the trend line
.If you want to invest for the long term use your stop loss below 4.78 (the red line)
Thanks for your attention 🙏!
Trade well, ❤️
A break above $5.62 and $18+ is in play, if not, $3.64 firstUntil price breaks above $5.62, I lean towards more downside before upside.
If price can't break above $5.62, then I think we head to the gray box down first before upside. If we break above $5.62, then upside targets are in play.
Key pivot dates on the chart to look for changes in price action.
OMG Buy TradePrevious supply zone is acting like demand zone now. down trend broken but still not leaping. this is lika a compressed spring and longer the compress time higher the leap imo.
Its good to put stop due to correlation chance of bitcoin.
first target 5.49
second target 6.98
third target 7.83
long term possible target: 14.18
Omisego buy the dip.OMGUSDT - Intraday - We look to Buy at 4.94 (stop at 4.74)
Daily signals are mildly bullish.
Price action continued to range between key support & resistance (4.90 - 5.50) although we expect a break of this range soon.
The bias is to break to the upside.
Dips continue to attract buyers.
We look to buy dips.
Pivot resistance is at 5.53.
Our profit targets will be 5.46 and 5.91
Resistance: 5.25 / 5.50 / 6.00
Support: 4.90 / 4.50 / 4.00
OMGOMG / BTC monthly chart is super wrecked, I put some bids at $3.70. If we get a proper alt season & all the alts that are lagging play catch up with BTC then OMG will inevitably hit the 3.618 fib extension
BINANCE: OMG 4H RSI DIVERGENCEomg/Usdt 4h rsi hidden bearish divergence. It'll descend and then will ascende. Follow up the chart.
Note: Above idea is for educational purpose only.