Omisego
OMG/USD Volume Analysis Prediction 2/27/2018Hi, friends.
OMG coin is stronger than the market (BTC and ETH) for now. We see a clear bullish initiative.
The uptrend will continue its movement. Better way for now is to wait a correction wave to the max volume (P O C) of February and then buy.
Trade recommendation:
Entry point: 19.75 (aggressive) and 17.75 (conservative)
Stop: 16.99
Target1: 22.75
Target2: 23.50
Target3: 24.99
Glossary of terms
Point of Control (P O C) – The price level for the time period with the highest traded volume .
Value Area (V A) – The range of price levels in which a specified percentage of all volume was traded during the time period. Typically, this percentage is set to 70% however it is up to the trader’s discretion.
Balance - Accumulation Area.
F L - flat level.
T L - trend level.
Fixing (fix, culmination) - reverse price reaction then the markets stops i'ts movement for a short time. The trend stops when it passes through 2-3 fixing movement.
OMG/USD - Mega Bullish - Buy ZoneThe impulse is not the prettiest, but both wave 2 & 4 retraces slightly.
These slight retracements show positive market sentiments of OMG, and it should be reflected in future price action. In my opinion, it will be extremely bullish.
Wave 2 often retraces to .618, but looking at wave A, it does not seem like it will be the case for OMG.
Watch out for price reversal at a:c = 1:1, it would be too early a buy for me.
I prefer the green box, with a:c=1:1.618, confluence with .382 ret, and in the region of wave 4 of bullish swing.
Good luck.
OmiseGo Trend Is UPAfter reaching the all-time high at $29, OmiseGo corrected down to 76.4% Fibonacci retracement level that has been rejected cleanly, together with the uptrend trendline. The uptrend remains valid and the price continues to print higher highs and higher lows on the Daily timeframe.
After rejecting the Fibonacci support OMG/USD once again started to produce higher highs and higher lows, confirming the uptrend on the lower timeframe. Currently, the short-term consolidation could take place, while OmiseGo remains bullish.
The nearest upside target is seen at $35, that is 75% growth potential from the current price. If OMG will correct down, a good buying opportunity should present itself around $17 level. In the worst case scenario price could correct back down to $7 or $11 support levels and only then continue the uptrend.
OMGBTC At A CrossroadsOMGBTC is at a crossroads. Hoping it follows the upward trend otherwise it's likely to head down to the next yellow support line, but it will still rise in the coming weeks.
OMGBTC: consolidating above previous resistanceOMG consolidating above resistance and now support.
target 1: 230k sat
OmiseGO: reversal H&SOmiseGO TA:
- after an ABC correction, market has been painting a reversal H&S.
At the current time we are testing neckline.
If neckline support holds our first target is: 31.5 usd
OMGBTC Head And Shoulders Beaten By The Support Line?A potential head and shoulders has formed on BINANCE:OMGBTC but the culminating drop has, so far, been resisted. Will it hold and continue in the upward channel?
OmiseGO Bullish viewOmiseGO is looking bullish. Wider view - price above the 50% Fibonacci correction of the global uptrend and the global uptrend support line.
Recently Omise broke the January high 0.0018 and still holding this level.
If the coin will be able to get higher then the next resistance level 0.00195 that will add more confidence to bulls.
For today OMGBTC is in lateral movement between 0.00185 and 0.0019 boundaries.
OH MY GOD - OMG GO GO GOBuying opportunity OMG my fav fav coin. Cypher pattern RSI almost oversold. NO STOP LOSS
OmiseGo I see big falling wedge and we already break out resistance line. Now we moving in uptrend channel. We already break triangle. But inverted head and shoulders shows it will go up. One minus Stoch RSI overbought
Steep Uptrend = Moon?This is just my second T.A and I think eventually it could at least hit $100. But it is going up very fast and I think we are still due for a large uptrend and hit support around $25-$30 or something like that (I haven't checked the order books yet that's just a guess). Honestly I think we are due for $30-$50+ after announcement and implementation of Plasma.
OmiseGO OMGBTC Triple Bullish Combo?!Hi Friends!
OMG looks like have Triple Bullish combo:
1. Bull Flag (target 0.0026)
2. Head and shoulders (both target reached)
3. Cup and Handle (target 0.0034)
Dear traders and friends, on this road we will see some retracements, I'm sure they will be.
Where to buy?
On Cup and Handle Resistance line: 0.00178 - 0.00184
Potential Cup and Handle OMG/BTCWith alts being suppressed by the bullish move in BTC, OmiseGO has held up very nice and seems to be forming a bullish Cup and Handle formation. Entry at break of 180k, take profit in green zone.
Happy Hunting!
Nox
This is not financial advise.
OMG Omisego in cupseption mode... I Adding some here and some more on break...
This is just an idea, not a financial advce.
Please follow me on twitter and consider the tiping jar :) it feels really great to be appreciatted
OMG still bullish. Look for a three wave correction.OMGUSD 1H
Hey guys, as we can see on many alts including OMG we have completed a five wave structure to the upside that has started when BTC hit 6k. After that, a minor five wave structure which can be labeled as wave (a) of a bigger three wave (abc) started and has now finished. I'll be looking for a minor upmove (wave (b)) and finally for another bearish minor impulse (wave (c)) to complete the overall corrective structure at one of the marked levels ($15, $13.50, $12). As you can see on the chart I have labeled the top of the five wave upmove as (1). Therefore I am expecting a bigger bullish impulse (wave 3) after the completion of the abc correction.
Cheers
Bud
OMG: Consolidation and Flag PennantOMG forming clear Flag Pennant. Consolidation w/ inside bars. Looking to see break out soon.
We break up or we break down?
OMG/BTC POTENTIAL!! DON'T WE ALL LOVE OMG!Hello everyone!!
Here's one of my favorite coin currently on the market!! Don't get me wrong though it won't avoid BTC moves BUT it has a lot of potential. Everything on this chart looks really BULLISH to me.
OMG is/was ready to go before BTC decided to make a move. You can CLEARLY see that its working these fibs like a charm on top of that clean bull flag. IF BTC decide to not make this 5th wave it might go faster than we think and not go further down.
Remember risk vs reward is what you should be hunting for in this crazy volatile market. RISK MANAGEMENT should be your priority. DO NOT GAMBLE. Just keep an eye on it and let the chart show you the way :)
Again, this is not a guaranteed move but VERY possible. BE SMART.
Thanks for sharing if you liked :)
Pan / CryptoCerwin
Twitter : twitter.com
OH MY GOSH Becky! Look at OmiseGo! A technical chart analysisThis idea is a continuation of one I started at my last profile. Follow the link below if you would like to start from the beginning.
All future updates and new ideas will be posted here.
Alright, let's get to it! I've drawn in all the lines and support levels from the last post so yall don't have to refer back to other places. As my mind's eye predicted OMG has become bound inside an ascending triangle. We had our first touch of the top of triangle at about 8:00 UTC and is moving downward. This confirms my intuitions from the last post. What we are looking for now is an increase in volume as we near the pinch point of the triangle, that could potentially signal a breakout. A safe and smart entry point can be made if and when the price breaks and closes above the top of our ascending triangle pattern. The 50% retracement line and the top of the upward channel should act as resistances once a breakout ensues. Below is a shot of the 4-hr chart where I have updated my original 'new trend' lines to sync up with the more recent price movements, as well as overlayed the 7, 25 and 100-EMA for possible support levels.
As always, have great days or nights, where ever you are. Trade Safe. Trade Smart.
OmiseGo gearing upOmiseGO is entering a buy zone. Watch the ascending triangle and volume for potential entry.
It also has a little bit of a "cup" pattern.
The 0.618 retracement is around 20K satoshi, so this is an important level to watch if you buy on the 17K break. A soft rejection here should be expected, but a sharp rejection would signal the major bearish trend is still in effect.
Happy trading!
