Looks like we have a solid chance to breakout forming out of this consolidation. Hopefully some of that BTC money flows into the alts so these coins can profit nicely in the near future. Buy below the green line. Sell below the lower red. -BK
OMG follows a Symmetrical Triangle Pattern from what I have have come to see, so I have put price predictions, target and stop losses. Let's hope to see it go past the target!
Reaching main trend line, OmiseGO ready to go UP. Reaching main trend line, OmiseGO ready to go UP.
Looking at OMG, seems like the correction was already over. The past few days OMG had made several good moves which piled up all the buying frustration. Now. it seems to be ready to move higher. I only added the first take profit target will add the next one once we reach the target.
Looks like it's almost time to take off. Pennant forming, RSI is strong, Stoch indicates a fall before take off. We've got good volume. I have indicate what I think is a good buy zone.
Its getting hot in here. Omise-go is primed and ready to resume the beautiful curvature if and when the resistance gets crushed. M
seems to be continuing its uptrend, if you havent gotten into $dnt either its a good time for both, twitter.com/xanaxcoins
this seems a perfect entry point
$OMGBTC is preparing for a bullish rebound after a minor corrective phase. Beyond technicals, OMG is a very promising token with a tangible product, legitimate business partnerships in place and a relationship with Vitalik Buterin, the creator of Ethereum.
Based on the 1H chart we can draw a pennant chart pattern. It's a continuation pattern and we should expect for further upward movement. Pending orders for buy must be placed at 8.74 level. Stop orders must be below 7.80 level. Profit targets are 9.50 and 10.00 levels. If the price drops below the bottom line of the pennant, we'll see downward movement to the...
OMGBTC seems to be in a predicament now. There's no buying pressure that will push the price above the downtrend slope. If it breaks above it, then we can retest the all time high. If not, we could go back to support around 150000. Looking at market depth, selling side is a little thicker than the buy side. I don't see a good signal to enter yet. Probably when it...
This pattern has repeated over and over with $OMG. Don't fight the trend. Go large here but set stops near 6.25. The structure is in place for this company to increase their market share in crypto. TA: Above cloud still on 4hr with major appearance of yet another C N H that would if confirmed breach ATH sending the Fibbie's searching for the $10 range. Beyond...
Based on the 4H chart we can see a double top chart pattern. It belongs to a reversal group of chart patterns. We should expect for downward movement to 5.5000 level at least. This is a support level which can stop and reverse the market. Also the uptrend line is an additional support in this zone. We must be ready to open long trades based on a confirmed reversal...
Is it only me or can you also see the similarities between these two rallies? Not only how it tested the top and then failed into a downtrend, but also how the downtrend was broken. Not to mention the Volume Profile with the VPOC on the top.
I think that there is a buying opportunity at 15.50 and a bit lower (pointing at the fib)
RSI on 3 hour chart is on its half way from an oversold area. On 6 hour chart there is only a beggining of the changed direction. This is a very high game with strong temptation to get in. We need to realize that market was pushing full speed ahead for the last few days and yesterday we started to see first signs of exhaustion . If you managed to stay out...