Omisego
Potential OmiseGo (OMG) head- & shoulder pattern setup. There is a good potential head- & shoulder pattern to open a long trade, we just need confirmation it finish the head- & shoulder pattern.
Buy: 8.20 usd
Stop-loss: 8.00 usd
Target 1: 9.25 usd
Taget 2: 10.50 usd
OMGBTCOMISE GO
Short-term ( 3h ) TR1 - 0.00175
$8.17 for now, could see 7$. Will be in the next part.
OmmiseGO terminal Bullish divergeance after three waves down, could be an incoming C of an expanded flat correction, stops are just bellow the bottom of the very small wave 1??? Super wishful thinking in the gold but its always nice to hope lol
Omisego: Time to BuyIt seems like everyone has been waiting for this guy to start moving. Omisego finally reached buy entry. I highly believe this will be a winner. It is currently resting on a support level that is strong in the past. It also formed one of my most favorite harmonic pattern, right on support level. We should start seeing this beauty move these upcoming days. What are your thoughts?
Trade with care.
Video Analysis: youtu.be
OMG USDT HEAD&SHOULDERSHasn't shown a clear breakout yet, will be interesting to watch over next few hours.
+3hr Candle
MACD 12,26,CLOSE:9
Trendline could be placed of highs.
OmiseGO correcting, then ready for the next run!OMG has proven to be an AAA cryptocurrency since the very beginning. Strong fundamentals, real use-case, great team behind it.
The price couldn't do anything but keep growing.
Now for the first time, we're witnessing a correction.
Corrections on AAA coins are great buy opportunities, the old wise man said. So, I'm ready to jump on OMG if it bounces the dynamic support in the 170-180k sats zone with an oversold RSI, with 3 targets in my mind:
Bronze: 210k sats
Silver: 255k sats
Gold: 290k sats
Don't tell anyone, but if BTC scenario gets less confusing (= it consolidates or starts another slow rise), I'll go for the gold!!
Happy trading everyone!
Optimistic view for #OMG #OmiseGOThis is optimistic view for OmiseGo (not so moon) This could be a steady rise base from 1d graph
OMISEGO - A quick 20%?Set some buy orders to in case the resistance breaks, we may see a slight decrease right down to the support before we push through. Target, 20%+.
BTC / OMG Bullish trend On the $OMG chart we can see where we had our slight "DUMP" due to the recent Korea FUD, OMG has been bullish for long and will cary on being bullish, we can see clear signs of reversals and bullish behavior. $OMG is also a solid company that is very active and will continue being heard of constantly.
OmiseGo Buy SignalThe price broke 10.00 resistance level and now stays above it. ADX line rises and it tells us that bulls become stronger. We should expect further upward movement. Pending orders for buy can be placed above the previous high at 10.50 level. Stop orders must be placed at 8.80 level which is below the support level. The main profit target is 13.50 level and the part of long positions should be left for long run.
OMG Pennant FormingA pennant is forming on OMG. I'm going to stay bullish on this considering that we broke the long-term down trend (or at least seems like it).
OMG to ATH!OMG making good moves. Not long ago i said OMG had the potential to make the bounce and reverse straight back up to the sky. So far, so good. I'm predicting a new ATH of $14.50 within the next 10 days. i think this will definitely occur provided nothing stuffs up the market! Happy trading all!
OMG: Wolfe Wave geo Possible last leg down for OMG
Pattern suggests a WW geo.
- Target is point 5 of line 1-3.
- Point 5 can act as a strong support and reverse.
- Once point 5 is reached, new target will be line 1-4
OmiseGO longEliott wave breaking out the ascending triangle
Using LogicalDeduction's strategy to create the specific bounce points :)
Head & Shoulder on OMGIf Bitcoin drops further then OMG will most likely drop below the shoulder line and continue further into its declining trend.
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.
