OMGBTC
OMG/BTC going up?Found Support on 200 MA 2 times and went up afterwards. 3rd time it broke the MA200 but found Support at 0.002128 BTC Level. Also when you look at the MACD it Looks like we will go into in uptrend! We will have a closer look on September 27th, or even if OMG breaks the resistance downtrend.
Cheers
OmiseGo September 21 - LongLooking on a 4 hour chart, we see a head and shoulder pattern forming with a clearly visible neckline as the support.
Omisego has been in turmoil these past few weeks, ranging from $6.70 to $13.70. It's evident a retracement and correction is overdue.
Despite the oversold conditions and RSI reaching under 30 on all charts up to 3 hours, due to bitcoin dropping further, It's possible to see further declines today.
Based on the head and shoulders formation on the 4 hour chart, further declines may reach $6.10.
On the one hour chart, two breaklines are crucial to maintain with 2 cases possibly.
Case 1) A bounce of $7.16 and a retracement up to $9.33
Case 2) A bounce off $6.10 and a retracement up to $8.70
Watch for these bounces and a smart move long would be wise. Currently as we stand, a short position may have been missed. Though possible short positions can be entered if 5 and 15 minute RSI reaches a peak and shows decline with less strength / momentum.
TechCrunch Disrupt : OMG to $15 level 30% Profit Opportunitytechcrunch.com
9:45 AM – 10:10 AM (PDT)
Understanding ICOs with Eyal Hertzog (Bancor Protocol), Dan Morehead (Pantera Capital), and Jun Hasegawa (OmiseGO)
A panel of cryptocurrency experts will discuss how token sales are changing the way startups are funded and how ICOs will affect venture capital.
Trading around noted fib levels will get you some big profits. Planning to increase my OMG coins by 50%
Will update the idea for the exact timing & levels after analysing the first reactions and current/future orderbook.
Good luck to y'all altcoin people <3
OMG Potential breakout 8/23OMG looks like it's ready for the next leg up, longer pennant consolidation, 4hour MACD and stoch turning up. I expect a breakout from the pennant within the next few 4 hour candles, test of previous ATH, small bounce downward before finishing up based on the flag pole height