Omgnetwork
🆓OmiseGO/USDT Analysis (23/2) #OMG $OMGOMG is a very potential coin and it has dumped a lot from the 8$ zone so we can start to accumulate it at 2 zones : 4.5-4.7$ and 4.0-4.2$ zone
I will turn back to retest 6.5$ zone again but I don't think this zone can stop it and OMG may pump strongly to 12$ zone in March
📈BUY
-Buy: 4.5-4.7$
-Buy: 4.0-4.2$. SL B
📉SELL
-Sell: 6.5-6.8$. SL A
-Sell: 11.5-12$. SL A
♻️BACK-UP
-Sell: 4.0-4.2$ if B. SL A
-Buy: 3.0-3.2$. SL B
❓Details
Condition A : "If 1D candle closes ABOVE this zone"
Condition B : "If 1D candle closes BELOW this zone"
🟩OMG Network - OMGUSDT - Elliott Wave + Bull flag + Channel🟩- Main Impulse Elliott Wave Completed to the downside
- We can see the price is now above the channel and above the bull flag continuation formation
- I am expecting higher prices - All time high RESISTANCE 28.5 USDT
- Expected duration of the trade, Stop Loss, Profit Target, Entry Price and Risk To Reward Ratio - for more information, please check my signature below ↓
- Hit "Like" & "Follow". Don't miss my upcoming updates and new ideas!
$OMG Wyckoff Accumilation Range - BREAKING OUT!OMG has only a market cap of 670m and is considering a small coin. Are you ready to go to the moon?
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 :)
_______________________________
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 Network above accumulation zone, levels to watch, $OMGOMG Network above accumulation zone, levels to watch, levels to watch for. COINBASE:OMGUSD
OMG Network Will Also Move... But Patience Is Key!Here is another one we hold and there is nothing left to do after you buy other than wait...
Just like the altcoins we saw before after a low is hit/reached, prices tend to consolidate.
After the consolidation period is over, that's when we get paid.
If by any chance the trade goes wrong, we have a strategy in place and we use a stop-loss.
We have very low risk (10-30%) and high potential rewards (340%+).
This is not financial advice.
You need to do your own research and make sure to have a well-developed plan/strategy before you trade.
This is Alan Masters.
Thanks a lot for your continued support.
Namaste.
OMG NETWORK SHOWS SAME SIGNALS AS BEFORE TO 10 usd!! EXPLODE TA.OMG NETWORK shows the same effects, and trends that have done before from 3 usd to 10 usd target in just 24H.
Expecting that next days will be important on OMG Trends, the only that can stop this, if bitcoin breakdown huge. when bitcoin increase or stay stable, expecting OMG will explode huge.
I did add before at price of 0,50 OMG a expecting, and since that time OMG did increase also huge to 10 usd.
- i only add about OMG when get the right signals about it - this will not mean its 100% happening, as we know nobody can see the future.
But its high expecting depending on the data.
As always have good time, and good weekend!
OMISIEGO Potential massive upside. OMG Network OMG has potential massive upside. Broke out of accumulation and is now trending up, looing for a first target of over 50% gain. COINBASE:OMGUSD
OMG Network Buy / Sell levels using indicatorsThese last few weeks in crypto have been pretty wild BTC breaking ATH's or almost breaking depending on which exchange you are looking at specifically. As well as sudden 2k+ price swings thrown into the mix.
In my last idea we looked at an ascending triangle that failed to breakout do to a double top formation on bitcoin that brought the market down including ALTS such as OMG. Since then I decided to take a closer look at OMG to determine buying and selling opportunities.
Using the TradingView Supertrend indicator which uses Moving averages to determine which direction price action momentum is moving we have a slow and steady uptrend at current price levels shown by the green line on the chart
There is currently a cluster of resistance centered around 4$ with a lot of sell pressure in this region, but we have support levels at the $3.50 level (this level held during the bitcoin price dump) as well rising support from the newly formed trendline resistance as well as $3.22 per the Supertrend indicator used in this chart, and finally $2.5 but hopefully we won't see this major support region tested.
The target OMG needs to break in order to start running is 5$ to break through the current Accumulation Zone and start a new bullish paradigm.
With bitcoin dominance at the levels its currently at I predict its only a matter of time and am really looking towards the 2nd week of December to see some positive price action in ALTS.
Thanks for checking in
*not financial advice*
-Mystic
OMG Network (OMG) - October 24Hello?
Dear traders, nice to meet you.
"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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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 Network Surged More Than 1000% This Is Just A BeginningHeyy friends hope you are well and welcome to the new update on OMG network. Before moving to the OMG live chart I would like to show you some of my previous prediction based on the harmonic patterns after watching these charts it will be easy for you to understand today’s analysis. Below are some of my previous predictions based on the harmonic moves:
Bitcoin Gartley move has produced more than 83% sofar:
Bitcoin cash Gartley move has produced more than 36% sofar:
XRP Butterfly move has produced more than 45% sofar:
Cardano Shark’s move has produced more than 460% sofar:
Tron Shark’s move has produced more than 312% sofar:
NEO coin Shark’s move has produced more than 238% sofar:
IOTA coin Butterfly’s move has produced more than 160% sofar:
The purpose to show you some of my previous harmonic pattern is to prove with evidence that how the price action follows these patterns and how much these targets can be achieved realistically.
XVG Shark’s move has generated 122% sofar:
Ok, this XVG harmonic move is very much similar with the harmonic move that the OMG token has made this time. I posted this chart on July 2019 almost a year ago when the price action of Verge coin entered in the potential reversal zone of this Shark pattern. As per Fibonacci sequence of bullish Shark I predicted that it would be moved up from this PRZ level. But due to BTC dominance in the month of June to July 2019 the price action of XVG broke down the potential reversal zone. Very soon the price action recovered and entered the potential reversal zone again. But from Feb to March 2020 when all the markets were crashed the price action of Verge coin followed the international market trend and again moved more down but the priceline of XVG again recovered and so far it has produced more than 540% bullish rally from down to top and if we calculate from the maximum extent of the potential reversal zone up to the highest spike then it has produced 122% sofar.
The Shark’s move of OMG network:
Now I would like to show you the OMG chart that I published last year in April 2019. When the price action of OMG completed the bullish Shark pattern and entered in the potential reversal zone. Then same as like the XVG coin from June to July due to Bitcoin dominance the price action broke down the potential reversal zoine and we have also seen the downtrend from Feb to March 2020 as well. But now again it has recovered and rallied more than 1000% from down to top and if we calculate this rally from the maximum extent of the potential reversal zone to highest spike then it has surged more than 260% so far.
The movement in the up channel and bullish signals:
Now if we switch to the daily time period chart then you can be easily observe that from May 2020 to August 2020 the price action of OMG network was moving in a down channel. If we place the volume profile on the complete priceline moving within this channel then it can be easily noticed that we had very weak interest of the traders at the support and strong interest above the resistance of the channel. That was a very strong bullish signal. If we take a look at moon phases indicator then in July 2020 the new full moon was appeared at a very high altitude and big distance from the resistance of the channel that was another bullish signal.Tthe point of control of volume profile was also above the resistance but if we watch the new dark moon then it was appeared below the support that was signal for the downtrend. But if we take a look at the RSI oscillator then it was already in the oversold zone. Therefore we can ignore this bearish signal of dark moon because due to oversold condition of relative strength index and the bullish signals of volume profile this bearish signal was weak. And finally priceline followed bullish signals and broke out the resistance of channel.
The SMAs and EMAs:
Now if we place the different simple moving averages with the time period of 25, 50, 100 and 200 then the price action has broken out all these moving averages. At this time the priceline is getting retraced. Now there are two possibilities.
1. The price action may retrace up to any of these simple moving averages to use them as support because without the support of moving averages it is difficult for the price action of any asset to continue the uptrend.
2. If we watch the exponential moving averages with the time period of 10 and 21 then the price action is already at the support of these exponential moving averages. Therefore the second possibility can be that the priceline will use these EMAs as support and form a new up-channel from here.
SMAs:
EMAs:
Conclusion:
Even though the price action has broken down the potential reversal zone of bullish Shark pattern. But there was some bad market situation behind that, otherwise the pattern is still valid and my targets for OMG are remain the same that I posted last year as below:
Buy between: 0.000604 to 0.000230 btc
Sell between: 0.001079 to 0.001977 btc
OMG/USD Seeking Higher Support Following A 225% Rally In 7 Days
OMG Network is among the most improved cryptocurrency assets in the month of August.
OMG rallies 225% in a week but it is miles away from hitting its all-time high around $29.
OMG Network has become the cryptocurrency of the week following a massive rally that seems unstoppable. In the last 24 hours alone, OMG has increased in value by more than 78% to record a monthly high around $6.6. According to the data provided by CoinMarketCap, the crypto asset has rallied 225% in the last 24 hours.
Before the breakout, the price was stable in a range between $1.00 and $2.00. The lock-step trading in this range was seen to dominate the months of June following a reversal from pa sharp spike to $4.45 and July. Although August commenced trading in the same range, the price action quickly turned ballistic in the second week.
At the time of writing, OMG Network is trading at $6.28. The prevailing price comes after a minor retreat from highs at $6.60. Meanwhile, buyers seem to be building on the bullish momentum and more rapid price actions are expected in the coming sessions, especially the weekend.
According to the shorty term technical picture, OMG/USD is poised for takeoff to higher levels. For instance, the Moving Average Convergence Divergence (MACD) is currently hitting highs around 0.45. In addition, there is a bullish divergence above the MACD (0.0059) that reinforced the impact the bulls have on the price. The bullish trend is also illustrated by the Relative Strength Index (RSI). The indicator seems to have embraced support at 70. The continued upward movement hints that OMG is entire in the hands of the bulls.
OMG Network Intraday Levels
Spot rate: $6.21
Relative Change: 0.48
Percentage change: 8.02% on the day.
Trend: Bullish
Volatility: Expanding
OMG/BTC 12H (Binance) Descending channel near break-outFA: OMG Network (first developed as OmiseGO) is building the first open-source, community-driven staking pool: OMG Pool (omgpool.org)!
Also, it was listed in pro.coinbase.com last month and that helped a lot about adoption.
TA: Price action has formed a parallel channel and is looking like a bull-flag to me, bigger than the last one!
You could wait for the break-out if you don't like risk, but I'm entering right now.
Current Price= 0.0001698
Buy Entry= 0.0001699 - 0.0001567
Take Profit= 0.0001992 | 0.0002251 | 0.0002693
Stop Loss= 0.0001274
Risk/Reward= 1:1 | 1:1.72 | 1:2.95
Expected Profit= 21.98% | 37.84% | 64.91%
Possible Loss= -21.98%
Fib. Retracement= 0.5 | 0.786 | 1.272
Margin Leverage= 1x
Estimated Gain-time= 480h