OMG - Gearing up for a breakout? Over 200% Potential Long Term.Looking at OMG on the daily Chart, there's some interesting things potentially shaping up.
Most obvious is the descending triangle we've been trading in. OMG trades on a bullflag historically; which is characterized by a long period of sideways or slightly descending movement followed by a massive pump.
We see a fairly recent retest of bottom support in late september which held strong.
We have steadily increasing volume, however the biggest spike was on a retest of the upper channel boundary that was rejected, marking a decent red day.
RSI is very middling at the moment; could go either way with current priority being up.
Bottom line: good indicators for a breakout coming at some point in the next few weeks, however the heavy sell volume on the upper boundary retest makes me think we might see a lower support retest like in September before things really start cooking.
Wait to see if we retest or if we can break through that upper boundary without a swift rejection.
Short term TP's are green fibs, potential for ATH or more when the bull flag pops.
Thanks to everyone for the support over the last while, let's keep this going :)
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Omgusdt
OMG/USDT LONGSupport is there!
OMG/BTC Seems to be holding above previous resistance
We should start a wave 3 up soon
✳️OmiseGO/USDT (1/11) #OMG $OMG #OMGUSDTOMG had a bounce at the 2.75-3$ support zone, which is a good opportunity to buy OMG because it can rally to the 4$ and even 5.5$ zones this November. But if the 1D candle closes below the 2.75-3$ zone, the OMG will easily lose 50% of its value in a few days.
📈BUY- LONG Strategy
- Buy close to 2.75-3$. Stoploss if B
📉SELL-SHORT Strategy
- Sell: 4-4.25$. Stoploss if A
- Sell: 5.25-5.5$. Stoploss if A
♻️BACK-UP Plan
- Sell close to 2.75-3$. Stoploss if A
- Buy: 1.5-1.75$. Stoploss if B
❓Details:
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
OMG Network (OMG) - October 24Hello?
Dear traders, nice to meet you.
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It rose with support at the uptrend line (3).
We have to see if we can ascend above the 3.6802 point.
A break above the uptrend line (4) is expected to touch the 5.0400 point.
If it falls from the uptrend line (3), it is likely to fall below the 2.75 point, so it is a short-term Stop Loss.
I think the 2.75 point or less is the bottom segment, that is, the mid- to long-term investment area.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
OMG / USDT breakout soon ?Clear chart
4h frame
Expecting breakout soon
We have previous idea on omg /usdt
On daily frame see here
Once break out happened you can buy break or retest
With suitable stop loss
Targets showen in chart
Good luck
Omisego Sell a Break setup.OmiseGO - Intraday - We look to Sell a break of 2.749 (stop at 2.837)
Daily signals are mildly bearish.
We look for losses to be extended today.
A break of 2.750 is needed to confirm follow through negative momentum.
Short term MACD has turned negative.
We can see no technical reason for a change of trend.
Our outlook is bearish.
Our profit targets will be 2.532 and 2.478
Resistance: 2.850 / 3.000 / 3.200
Support: 2.800 / 2.750 / 2.500
OMGBTC - This can be another massive moveLet's try our chance!
Risk/Reward is excellent
SL is closure below MA20 on 4h.
Possible scenarios for THIS reversal pattern to play out*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. I do not guarantee any results nor am I responsible for your actions. You should always do your own due diligence before trading or investing in this market as it is extremely risky.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
*Thank you to those who donated, I very much appreciate it.
OMG/USDT - Return to the pump zone.Return to the accumulation zone.
Change the scenario if a breakthrough of the inclined trend line occurs.
Entry into a deal after a break down of the level $2.65
Target $1.30 - $1.90 (accamulation zone)
Thank you very much and thank you to the responsive commentators for their understanding.
I spend my personal time tracking the market situation and share my opinion openly with you.
Push like and write your comments. We will catch the best trades together!
OMG | 17% Profit Potential in Upcoming Days, "Positional Trade"Hello Dear Traders,
As u know all OMG was pumped hard when it announced partnership with tether
and after rallying it started dumping finally we have seen strong demand in OMG
it may rally up further upside ... very good opportunity for positional traders
Entry: 3.0500
Stoploss :2.9
Target : 3.6000
Please share your opinion and leave a comment and / or give it a like.
This trading idea has been presented to you by ROHITWORKSS
Descending triangle OMGUSDT*** Stops need to be re-adjusted and R:R reassessed at point of entry. As a guide, I usually count 6-8 candles back from my entry point on the timeframe I’m trading on and place my stop just below the lowest wick within those 8 candles in the case of a short, or above the highest wick of the last 8 candles in the case of the long. If this rule means your R:R to target one is not good, don’t take the trade. ***
OMGUSDT
Probable
- Long term descending triangle on daily - bearish pattern
- EMA’s bearish on daily, 12hr & 4hr
- Looking for BCR of yellow box zone
- 2 short targets
Possible
- Look to see if we create a HL within the triangle for a heads up trend may change
- Wait for EMA’s to turn up and cross bullish
- Wait for break out of the long term down trend line
- Wait for retest of the new support
- 2 long targets
Bullish pattern holding - next resistance levels to watch for*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
Watch THIS support level for an early warning*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
OMGUSD Bullish formation apparent will it play out?*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing.
*Follow me for the latest cryptocurrency analyses on my watchlist
*Thank you to those who donated, I very much appreciate it.
*Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
OMG Network (OMG) - October 11Hello?
Hello, traders.
"Like" is a huge force for me.
By "following" you can always get new information quickly.
Thank you for always supporting me.
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If it falls below the downtrend line (5) or the uptrend line (3), it is a short-term Stop Loss.
We must see if we can ascend above the 3.6802 point.
It is possible to touch the 1.1550-2.75 section as a movement to create a new wave, so I think careful trading is necessary.
It remains to be seen if it can rise above the uptrend line (4) and boost expectations for an uptrend.
We believe that the point where we can expect further gains from the trend turnaround is at 5.7047.
Therefore, according to the flow of the chart, I think it is necessary to respond to some degree in the short term with split trading.
(1W chart)
Below the 1.1550 point, I think it is a long-term investment area as the bottom section.
The 1.1550-2.7500 section is a buffer section and a large'U' pattern is completed.
So, at 2.75, I think you must get support and climb to create a new wave.
Due to the nature of the coin market, there can be a lot of decline, so I think you should watch the buffer zone 1.1550-2.75.
As it broke through the 2.75 point, touched the 9.5 point and fell. I think I made a handle with a large'U' pattern.
-------------------------------------------------- -------------------------------------------
** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for generating profit as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You must trade from a short-term investment perspective.)
OMG is ready to go to MOON!Big Nice cup and inverse head and shoulders forming on OMG. Check out the trade setup!
USD11 by Dec 2020; USD50 by 2022+Prediction for OMGUSD
This is in line when most exchanges starts using OMG as a L2 to help ease out ETH congestion, which Bitfinex has already done so, successfully!
All other ERC-20 tokens will also take advantage of it already. This makes OMG an essential Layer for ALTS Crypto market growth.
OMG has already started its bullish formation, and will trend upwards in weeks, months and years to come! this is only the beginning people.
Omisego - Short Term Sell Stop.OmiseGO - Short Term - We look to Sell a break of 3.488 (stop at 3.652)
Posted a bearish Flag formation.
A break of 3.500 is needed to confirm the outlook.
A break of yesterdays low would confirm bearish momentum.
The bias is to break to the downside. We look to sell rallies.
Expect trading to remain mixed and volatile.
Our profit targets will be 3.028 and 2.961
Resistance: 3.650 / 3.820 / 4.000
Support: 3.500 / 3.250 / 3.000
Signal Centre
Omisego - the coffee time coming and we will drink all at 4.30+Expecting that omisego will breakout above 4 usd.
have nice coffee time.
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