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Omgdollar

OMGUSD could rise...Hello guys, in this period the volatility for all the biggest cryptos is particularly low end this setting is consistent with a rise of all sector. In this environment the only out of tune is volume, low for all the principal cryptos, exepting EOS. Looking at different chart I've focused my attention on OMGUSD: it is trying to complete a 1-2-3 formation. In fact if it's able to break $12.40/50 area, corresponding to a resistance area and the highest point of the formation, it could surge with first target to $14 where we can find daily 200 MA and then to $14.8/$15 area, where there is a resistance area. Indicators are setted to drive the increase. ***This analysis is not a buy or sell advice, it is drawn up for educational purpose only***
BITFINEX:OMGUSD
by BlackSwan_DAR
There is a possibility for the beginning of uptrend in OmiseGoTechnical analysis: .OMISEGO/DOLLAR is in a Range Bound and Beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 38. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (12.50 to 10.07). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. .Beginning of entry zone (12.50) .Ending of entry zone (10.07) 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 special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 15.55 TP2= @ 18.20 TP3= @ 20.28 TP4= @ 28.50 TP5= Free
BITFINEX:OMGUSDLong
by ForecastCity
There is a possibility for the beginning of uptrend in OmiseGoTechnical analysis: .OMISEGO/DOLLAR is in a Range Bound and Beginning of up trend is expected. .The price is below the 21-Day WEMA which acts as a dynamic resistance. .The RSI is at 38. Trading suggestion: There is a possibility of temporary retracement to suggested support zone (12.50 to 10.07). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets. .Beginning of entry zone (12.50) .Ending of entry zone (10.07) 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 special version of our "Price Action" strategy FOLLOW our lessons: Take Profits: TP1= @ 15.55 TP2= @ 18.20 TP3= @ 20.28 TP4= @ 28.50 TP5= Free
BITFINEX:OMGUSDLong
by ForecastCity
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