OMG 1D The graph shows critical volume, what does this mean?It has been a long time since we have had an idea for OMGUSDT. It is not very interesting for trading for us, probably, because of small daily trading volumes and low liquidity in the market.
Nevertheless, today we are going to describe some scenarios for the lovers of OMG, because who knows when we will have time to describe this pair.
The most important thing that you should see and pay attention to on the chart is a burst of trading volumes. In the OMGUSD pair, it occurs precisely on changes in the direction of price movement. We have visualized the main changes on the chart.
Yesterday we had another critical volume, so buyers should be alert.
Also, the daily candlestick made the false-break-down of the level of $9.50 , like in August 2020, and you can see what happened next on the chart.
So, there are 3 scenarios:
1) Maybe by the end of the week there will be a shot of the price up to the area of $10.70 , but here you decide whether the game of candlesticks
2) Below $8.60 there will be room to fall to $6.60 . If there buyers will buy back the falls and there will be a positive view of the crypto market, then you can dream of a scenario with the renewal of this year's high)
3) Continuation of falling below $6.60, to the area of $5
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Omgdollar
OMG / USDT potenial C&HOMG / USDT
few hours ago i made Analysis for OMG / BTC
And there it try to breakout from accumulation zone
looking at USDT pair
I spotted potenial C & H pattern
2 daily candles above green area then we will see 10$+ easy
Righ now its bullish in both pairs
Red area should hold to remain bullish
Good luck
OMG / BTC accumulation zoneOMG / BTC
the area from 0.0000700 - 0.0001100 was previous long accumulation zone for OMG
Potenial double bottom
Rsi and volume are good
I think OMG will give very nice return from this area and only for patients traders !!
Good luck
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!
OMG 1D Trading in the channel without sudden movementsWe already have a tradition, or whatever you call it, to update the OMGUSDT idea every two months.
After the publication of our previous idea , the OMGUSD price fell by -50% and did not reach the final target a bit.
Then the growth in the form of stairs began.
But if you look at the picture globally, the channel that was drawn at the end of last year is still working skillfully.
The upper limit of the channel is now at the level of $5.30 and it can be assumed that the OMGUSDT value will grow exactly there.
And those who have been keeping OMG longs since September 2020, when we published our first idea , will get a chance to break even. Then there was a lot of negativity in our direction from OMG fans and they did not believe that it would fall, but you see how it happened.
So, the upper limit of the channel is $5.30.
The bottom of the channel is close to $3 , a cool range to trade.
$2.40-2.60 is a cool range for a set of medium-term longs.
See you in 2 months :)
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Since 2016, we have been analyzing and trading the cryptocurrency market.
We transform our knowledge, trading moods and experience into ideas. Each "like under the idea" boosts the level of our happiness by 0.05%. If we help you to be calmer and richer - help us to be happier :)
OMG / USDT wait the breakoutOMG / USDT
----------------------------------------------
currently in descending channel
And face 3 day resistances (red)
And key support below must hold (below)
If the price break the trendline resistance as we expect
We can buy after on retest
Support us by like and follow 🙏
Good luck 🌹
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
OMG.USDT (Y20.P4.E1).TA on the Macro structureHi All,
Keeping it short as its only the planning phase.
Planning ahead, and hence stalking for the best options if or when they available.
Note: a few key point;
a) previous high has confluence with the trend line target area as support;
b) RSI hidden bullish divergence in the making like previously;
c) Stochastic looking for a bounce for the short term;
d) OMG gave good returns and is likely to do so at least 1 more time.
One should not be confident what took place would mean it will do it again.
Please give me a like or tick for this post
Cheers,
S.Sari
Possible scenario, daily chart
Macro overview
Bullish Harami? (4H Chart)I appreciate if you leave your like so I can gain a reputation and release the chat.
Resistence: 6.2173
Pivot: 5.7167
Support: 5.4507
Patience and anxiety.I appreciate if you leave your like so I can gain a reputation and release the chat.
Bullish Harami? (4H Chart)I appreciate if you leave your like so I can gain a reputation and release the chat.
Chart if bitcoin continue to rise. (1H Chart)Goal $12,35 ~ $13. I appreciate if you leave your like so I can gain a reputation and release the chat.
Don't miss the great buy opportunity in OMGUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. OMGUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 1.6000
TP2= @ 1.6350
TP3= @ 1.7600
TP4= @ 1.8500
TP5= @ 2.0200
SL= Break below S2
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ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in OMGUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. OMGUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 1.6000
TP2= @ 1.6350
TP3= @ 1.7600
TP4= @ 1.8500
TP5= @ 2.0200
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader ?
Now, It's your turn !
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in OMGUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6065). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. OMGUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.7900
TP2= @ 2.0065
TP3= @ 2.2678
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
Please show your support back,
Hit the 👍 LIKE button,
Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Don't miss the great buy opportunity in OMGUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6065). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. OMGUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.7900
TP2= @ 2.0065
TP3= @ 2.2678
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
Please show your support back,
Hit the 👍 LIKE button,
Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
There is a possibility for the beginning of an uptrend in OMGUSDTechnical analysis:
. OMISEGO/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (7.00 to 5.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (7.00)
Ending of entry zone (5.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 8.72
TP2= @ 9.60
TP3= @ 11.68
TP4= @ 14.90
TP5= @ 18.20
TP6= @ 20.09
TP7= @ 28.50
TP8= Free
There is a possibility for the beginning of an uptrend in OMGUSDTechnical analysis:
. OMISEGO/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (7.00 to 5.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (7.00)
Ending of entry zone (5.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 8.72
TP2= @ 9.60
TP3= @ 11.68
TP4= @ 14.90
TP5= @ 18.20
TP6= @ 20.09
TP7= @ 28.50
TP8= Free
There is a possibility for the beginning of uptrend in OMGUSD Technical analysis:
. OMISEGO/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (7.00 to 5.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (7.00)
Ending of entry zone (5.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 9.60
TP2= @ 12.50
TP3= @ 15.00
TP4= @ 18.20
TP5= @ 20.20
TP6= @ 28.50
TP7= Free