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Omisegobtc

OMGBTC formed another bullish reversal moveHey, friends hope you are well and welcome to the new update on OMG token. Recently the price action of OMG has started the correction rally after a massive bullish wave of more than 1000%. So in today's post, we will try to understand that whether is this a really correction rally for the price action will move more down. Is this a breakout or fake out: Since 3rd week of August 2020 the priceline of OMG token started moving within the down channel. We can see several touches at the support and on the resistance as well. Finally on 11 September the price action broke out the resistance of the channel. I've also placed the volume profile indicator on the complete priceline moving within this down channel. It can be clearly observed that as per volume profile trader’s interest was very weak at the support of the channel. Even the trader's interest went above the resistance of the channel that was a very clear signal for the break out. We can also see the point of control of the volume profile at a very high distance from the resistance of the channel that can pull the priceline up very soon. Now the price action is likely to move down to re-test the previous resistance of the channel as a support but I am expecting that the price action will again enter in the channel and there is a very strong reason behind this thinking and that is the expected harmonic move. The priceline has broken down the 1st SMA support: After placing the different simple moving averages with the time period of 25, 50 and 100 it can be easily seen that the price action has also broken down the 25 simple moving average. Now price action of OMG is moving between the 25 and 50 SMAs. If the 50 simple moving average will be broken down then we also have the 100 simple moving average strong support below the 50 SMA. Harmonic BAT move: There are strong chances that the price action will use the 50 simple moving average as a support and to do so the priceline of OmiseGo will move more down. Because if we take a closer look at the chart then it can be clearly seen that the price action is likely to complete the final leg of the bullish BAT pattern on the daily chart. After initial X to A leg the price action is retraced between 0.382 to 0.50 retracement level then candlesticks are projected between 0.382 to 0.886 Fibonacci projection of A to B leg this is the second confirmation for the bullish BAT. Now the price action can retrace between 0.786 to 0.886 Fibonacci retracement level for the completion of this bullish BAT move. According to some trading experts, the potential reversal zone of the bullish BAT can be started from 0.618 Fibonacci retracement level. Therefore according to this theory if the price action will be moved up from this level where it moving at the moment even then the bullish BAT will not be invalidated. Because so far the priceline has retraced up to 0.724 Fibonacci that is more than 0.618 Fibonacci level. A big bullish Shark move and it’s buying and sell targets: At the end I would like to recall a very big bullish Shark move that has been completed by the priceline of OMG token. I posted the below pattern last year in April 2019. Now finally the price action is gearing up from the potential reversal zone of bullish Shark and as per Fibonacci sequence of this pattern the buying and sell targets are as below: Buy between: 0.000604 to 0.000230 btc Sell between: 0.001079 to 0.001977 btc Conclusion: On the long-term the price action of OMG token has formed a very big harmonic move and has the potential to produce more than 750% bullish rally. However, on the short term the price action can move little bit more down for the completion of the bullish BAT. Therefore we can use the potential reversal zone of bullish BAT on the short term as our stop loss.
OLong
by moon333
1
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
OLong
by moon333
CARDANO BRUHFor the first time ever I’m not gonna say anything I’ll toss you this : $0.08482 but conservative fo is $0.08185 FUD nibbles You know the damn drill guys and gals and if ya don’t know...now ya know, nigguh! Stop @ $0.07052 P.s. I’m re-opening the following related links from old pubs like ADA THETA (ACTIVE) ETH (ACTIVE) $XTZ (not xtc smh) and made a killing off that omisego — Yeah aforementioned signals Definitely didn’t reach the # engagements it’s warranted and Aside from the fact that you would thank me after (many have already) You are the reason I’m doing This: you new cryptokitties who are in need of protection from us dolphins before the orcas and great whites eat you minnows up...people, all seriousness I’m spending a fortune on adjustments at a chiropractor because of the countless hours I wowed my select few readers with my content ; even surprising myself at times so go look if you haven’t para los sígnales son actividades ahora ! -notorious MIT
by a1mtarabichi
8
Banking the Unbanked OMGBTC I’ve been swamped this past week & seeing as how I wasn’t feeling too well couple weeks prior I’m struggling my hardest to catch up on all the backlogged inquiries/responses & work I’ve got to do so forgive me for not updating the signals as quickly as I’d like to. Promised you guys an oped and one you shall receive. omiseGo is one of the earlier tokens developed by Jun & It’s sole mission statement; from the whitepaper. The notion that 600 million people in Southeast Asia are currently in dire need of access to digital payments yet have no stable financial infrastructure or banking system that they could effectively use to do this. From the beginning this project and a lot of promise and in 2016/17 there was a lot of buzz and hype around omg as It was already being dubbed “new currency of Southeast Asia” and with an additional 400 million In China/India living in villages/huts and overall impoverished beyond reprieve is indicative of the overall potential this token has. If you haven’t heard of it or seen it in the top 50 market recently that’s largely because of the development team and their poor marketing/promotion as well as graphic designers and advertisers for they are God awful at their jobs. They may have stumbled upon something great, but they damn sure can’t market it to save their lives. But this reason we would see OMG hovering from 20-25 USD during bull runs with a median price of $15 and that was the norm —- It’s been on a steady decline ever cents and it leveled out around five dollars. Six years later I’m looking at the domain and it still has that stupid blue plain UI a 12 year old could create via html. Eventually it’ll pick up traction or it’ll be shoved aside by an identical/paraphrased yet scaled & more widely accessible+ user friendly... just as Facebook did MySpace: UNLESS they can get their shit together as they still have a lot of promise. That’s 1 Billion people, 1 in 7.23, who evidently would need this service. Imagine wet markets and bazaars with QR codes We can finally get these people banked, with Jun and his team operating out of Bangkok— Thailand seemed like the perfect place to start with it’s proximity to neighboring contested areas where these folks are just now tinkering with the first model smartphones we used to have (and long since disposed of — remember that iPhone 1 you traded in/sold/donated? They’ve all been gathered refurbished and distributed to the most impoverished individuals in China India and Southeast Asia for as little as 2 to 3 dollars. Here’s where it gets interesting: now that they have smart phones they get to immediately jump to 5G like us without having to go through the dial-up modem process climbing the rungs of the latter and this is all courtesy of the richest man in India a billionaire real estate investor who is also a patriotic nationalist, (as well As capitalist/opportunist) Mukesh Ambani , is investing in his native country by fronting Modi’s government the capital funding & infrastructure to build 3 cell towers (each with a 5G wifi range of up to 200KM) dispersed evenly among the most densely populated slums in India. So as we speak they are tinkering with her I mPhone’s playing Angey Birds & all excited just like we were in 2006... I gather it won’t be long before they discovered crypto/Blockchain and it’ll be inevitable that adoption will come. One things for certain this will be a very exciting year, specifically Q4, and I cannot wait! I’ve only set one target and one stop loss for the signal and I’ll leave it as a LONG solely because this has been long overdue and I can let you guys know what further targets I’ll be setting on both OMGETH and OMGBTC and a further update sometime tomorrow afternoon but right now is a damn good time to be holding this token and I don’t see that changing anytime soon. So because the signal above is a short yet I have great prospects moving forward in my TA of this token as a long I’ll leave it in neutral. Mind you— the publication above, in terms of the time frame, is a short-mid: I’m posting this as a LONG solely because I believe it will have a great run for several weeks if not the duration of the quarter; just as I do with chainlink & cardano. besides it’s not the time to get ahead of myself as we still need BTC to decide whether or not it’s going to keep crossing supports and shattering resistance thresholds or level out and retrace. Another thing I believe is certain: We are in for what I truly believe will be the biggest and most parabolic altseason of 2020 thus far. Buckle up folks, wee are in for a ride! TradingView / Linkdin / Stocktwits / Steemit / FB / Cent / Medium / Twitter / Hive: -@a1mtarabichi Disclaimer These statements are not guarantees of future performance and undue reliance should not be placed on them. Such forward-looking statements necessarily involve known and unknown risks and uncertainties, which may cause actual performance and financial results in future periods to differ materially from any projections of future performance or result expressed or implied by such forward-looking statements.
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by a1mtarabichi
1
OMISEGO Breakout BOOM! OMGBTC finally bottoms? time will tellI won't go into a whole dissertation or write an oped; given that I want to give folks a chance to make an entry without having to FOMO. Just know that this token has been compressed like a spring & for some time now analysts have been pointing to a bottom -- this may or may not be it: the fact remains, OMISEGO is vastly undersold right now and long due for an accumulation/consolidation. RSI/BB/KC/Volume/50D MACD/SDMV all point to a healthy breakout on this pairing. Both short & long positions appear viable. Believe it or not this is the beginning of the bullrun before whatever consolidation or retracement may follow; and while the window is closing...there is still time yet to make your entry. Follow the green lines for fibo SHORT-MID Red horizontal represents STOP-LOSS DISCLAIMER Not financial advise! -@A1mtarabichi
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by a1mtarabichi
**OmiseGO: Is there a lifetime chance to get rich?**Hi, Traders ! Monfex on the air ! This time we have something very special for you - OmiseGO (OMG) - an Ethereum based decentralized banking and exchange token. It has been lying on the bottom for a couple of last weeks, but is now showing ambitious signs of recovery. Pros * OMG has demonstrated a period of positive price movement until the end of June 2019 backed by an expanding network. * While the token has gained a somewhat doubtful reputation as one of the original ICO unicorns that has reached a $1 billion market capitalization, but was not supported by a real product or comprehensive token utility. * That means the speculation tendencies may preserve in OMG in the nearest future. Cons * OMG's utility is still the factor of concern among investors. Fundamental indicators are also vague. * OMG is primarily bought for speculative reasons and, sometimes, for expectations of future value. Thus, the selling pressure is usually heavy here since most traders want to be the first to leave the sinking ship in a hurry. Trading strategy * OmiseGO recently shows confident signs of recovery pulling away from the bottom. * Considering that this crypto remains particularly speculative, the new bullish momentum could catch up lots of eager traders to enjoy short-term profit occasion. * MACD bullish divergence strongly support our Long idea. Thus, we have decided to: Buy @$0.90-$0.91. Target: double in value = $1.80. Stop-loss: $0.75. Watch for our Updates to get real-time superior signals! GOOD LUCK AND LOTS OF PROFITS !! Disclaimer This report is for information purposes only and should not be considered a solicitation to buy or sell any cryptocurrency or cryptocurrency product. Monfex accepts no responsibility for any consequences resulting from the use of this material. Any person acting on this trade idea does so entirely at their own risk.
BITFINEX:OMGUSDLong
by Monfex_UK
2
OMG its bottomed out. 900% PP to previous highSo while everyone or most people right now are fixated on bitcoin and its momentous (and it is momentous) 4x over the past few months, it seems that everyone has forgotten about the alt coins. Personally, I've been eyeballing the altcoins right now and I cannot find a more suitable position to begin accumulation of the coins you want right now. OMG is just an example, but if you take up any many of the other altcoins right now they all look very similar but this is one of the reasons why I'm loving where one of my favourite coins are sitting right now. 1) traded well and into the weekly Bullish OB (marked out with a green box) 2) weekly RSI 9 and 45 moving averages have crossed suggesting beautiful momentum change. 3) RSI "bowling out" especially on the WEEKLY timeframe as well. looks fantastic. 4) I'll attach an image of volume from coinmarket cap, but there is massively increased volume around this area, suggesting large amounts of accumulation is happening 5) 2 Weekly RSI, RSI touched 40 and is now progressing away from it. This suggests to me that overall that this coin is very much bullish since bullish RSI ranges from 40-80(+) I'll add an image containing that image too. Did you miss out on the hype train last time? We waited almost 2 years for this. The time has come and I intend to fully capitalise on this. Timeframe over the trade will most definitely take time. I'm giving this 1 year to play out. charts.cointrader.pro
BITFINEX:OMGUSDLong
by EnZo