OMGBTC Falling Wedge. Breakout 14-16th of NovemberOMG looks like it's going to bottom above the red FIB line at 0.326 level.
The road to the bottom will likely be within that falling wedge shown in the chart.
The pump should take it up to at least 0.001 BTC, or FIB line 1.
The Pivot Point (Hammer) is the support of the Falling Wedge and the FIB line at 0.326 level. This is between the 14th - 16th of November.
Omisegobtc
Good place to DCAI am really finding it hard to be bearish on alts.
Heres a couple of reasons why, for OMG at least.
1) Weekly support, also bullish OB from literally OMG's inception.
2) 3D support.
3) Daily support.
4) Why are selling support?
5) no really, why are you selling support.
Jokes aside. I don't really have more to add other than this is support.
I'm buying all the way down to 0.00038
We're also, what I call "bowling out", a pattern that literally happens every single time a massively crazy move happens.
You could say its accumulation :)
Also notice the coiling and simple bullish divs on the 3D RSI, being squeezed between the 9MA and 45 EMA. My other oscillators are also showing bullish signs (on larger timeframes, which would be quite significant), (maybe I'll go into detail how I use them in the future).
Targets are marked on the chart.
We are still in a bear trend, So make sure to take periodic profits. Personally I'll be taking profits at:
1) 0.00115, weekly breaker and 3D bearish OB
2) 0.0014, 3D bearish OB
3) 0.0019, Weekly resistance (thought in all honesty if we get this fair we're probably really bullish)
DYOR. This is purely from a TA point of view. If Omise shits the bed, all of the above goes right out the window.
Had a quick suss on the Dollar chart on OMG and it still may have a ways to go down.
This might not be the definite bottom, but it's definitely a good time to be dollar cost averaging.
Daily Bullish Signal #OMG #OMGBTC (16-09)#OMG (OMG/BTC)
Buy : 520-540
Flash Sell : 560
Short Sell : 580
Long Sell : 600-620-640-660
Stop : 500
Follow me for more signals daily
PM me if you need help or learn to trade
Technical Analytic for #OMG #OmiseGo (27-08) - CryptoStation#OMG (OMG/BTC)
Buy : 560-565
Flash Sell : 570-575-580-585-590
Short Sell : 600-610-620-630-640
Stop : 540
Follow me for more signals
#OMG OmiseGO Looking Good on the daily#OMG OmiseGO is looking good on the daily - Assuming this Binance API reset (stolen btc // 96 #btc for 1 #sys) doesn't FUD the market).
Oscillators look good
Price action looks good
If market continues it's gradual growth, I believe #OMG will out grow the total market cap growth in the short to mid (percentage wise).
Also, $OMG is one of the prime candidates for an ERC20 listing on Coinbase.
Good luck and always use stop losses.
OMG is ready to make an entranceAs we can see, OMG has been stuck in a falling wedge and seems to me like an ABCDE correction. Rules of ABCDE correction dictate that there's a high probability of a breakout at termination point of Wave D.
Lets not forget that there are not one, but two airdrops incoming for OMG in the near future.
In short: We have Technical and Fundamental evidence to support a long position.
While all other coins have rallied OMG has been coiling up in this wedge. Now the Viper is ready to strike.
If we get a breakout the first target would be the highest point of the wedge for OMGBTC. Whereas OMGUSD should rally far more.
Godspeed
___________________________________________________________________________________________________________________________
I'm not your Financial Advisor and this is not to be construed as Financial Advice but I can be your Legal Advisor if you can afford me.
OMG short term playI had 2 good calls yesterday on alts (bat and key) so why not keep em coming? These plays are only possible when BTC is stable so enter with caution but I think it may remain ok over the weekend. OMG just bounced off a critical support and looks upward bound. Hopefully it will get an upward spike soon.
OMG looking like a good buyUse a stop loss accordingly considering it isn't clear where btc is headed
OmiseGo (OMG) I'm bullish on this project. Two mainnets coming out - Cosmos and OMGPlasma mainnet.
Cosmos "Hardspoon" 1:1 for OMG holders.
DEX capable of 1bn+ trades/s.
Mobile wallet (I think Ethos wallet may be better though, Ethos and OMG team close so maybe something there..), real implementations already in use, real partnerships.
Very professional for a crypto project.
Good chance Plasma solves Ethereum scaling issue.
OmiseGo:
cdn.omise.co
Plasma:
plasma.io
OMG 4HR Buy ZoneOMG approaching a key support level.
The purple lines are resistance/support.
The orange are the trend lines.
Here's a quick run down:
- Volume is looking good and is declining.
- MACD is looking to swing onto the bull side.
- Candles are still getting rejected to by the 10 EMA but despite that, all three of them are getting close to catching up with the 4 hr candles.
Most importantly though, the RSI tends to bounce from 25-30 and currently it's around 43 so it still has some ways to go. (I've been using RSI a lot more over the last few months as it's been very useful.)
The buy zone I've indicated between 1450 and 1370 is where I'm looking to scale in and buy some OMG.
OMISEGO: NEW PARTNERSHIPS & EXCHANGE LISTINGS - PROFIT = 19.14% Our "Crypto Bottom" Trade Indicator has correctly identified a buy in point on the 29th of May 2018 .
Using this buy in point and selling at today's peak price as identified by our NEW "Crypto Peak" Trade Indicator, you would have expected to net 19.14% PROFIT!!!
The increase in price may also be explained by positive developments including:
September 5 2017: Omise partners with McDonald’s Thailand to provide seamless payment experience for online and mobile orders
5th April: Omise and OmiseGO sign a Memorandum of Understanding with ShinhanCard (a subsidiary of Shinhan Financial Group, a major player in South Korea’s banking and payments arena). This aims to identify opportunities to leverage OmiseGo's payment technology and solutions, and OmiseGO’s server and mobile SDKs
26th April: The OmiseGo cryptocurrency lists on the Bithumb (one of Korea's largest exchanges by volume ).
(NEW) April 26: Zebpay lists Omise Go.
(New) May 14: London Block Exchange lists Omise Go. It is the only exchange in London to provide Great British Pound trading pair.
(New) May 14: Omisego team signed an agreement with Shinhan and Woori (two major South Korean bank). Both banks will work on Omisego’s Blockchain to ease financial transactions.
(New) May 23: Unicoin (India's top cryptocurrency exchange) lists Omise Go.
The general uptrend in the crypto markets as well as the positive developments outlined above.
***The "Crypto Bottom Signal" and "Crypto Peak Signal" used in this analysis is included as part of the Crypto Trade Signals subscription.***
OMGBTC (OMISEGO Token) Ready, Set…………..!OMGBTC (OMISEGO Token) 05/26/18, 8:15 PM EST, by Mike Mansfield
Good evening, trader friends! Thanks for stopping by. No, no, no, I am not here to wrangle a thumbs up from you on this one. However, if you just love any of the other forecasts, feel free to like away! ;-)
OMISEGO sounds a bit like what “oh my gosh” would be in another language.
Perhaps you can relate to the following statement: "Sometimes I literally “know” what an outcome of a chart will be with a high degree of clarity, probability, and ultimately accuracy." However, this is not one of those times. I can rationally make the case for several outcomes. That is not something I love….but since someone asked for this, I’ll map out the 3 patterns and their likely paths and change of trend times and price areas to watch for.
BOTTOM LINE: UG! We have patterns within patterns, but the cycles look good!
Pattern-1 is long-term neutral:
Large triangle wedge pattern (lime green and dark red lines) may be forming. If correct, it is unfinished and will have at least one, possibly two, more legs down toward the red long-term support trend trend-line, before we can say for sure if the pattern will resolve to the upside and moonshot, or tank into crypto oblivion.
Pattern-2 is medium-term bearish. Maybe:
Bearish rising wedge (cyan blue trend-lines) lines are converging in an upward direction. But it’s not super perfect pattern, as they sometimes look. Rising wedges typically resolves to the downside in a significant way. Moreover, OMG broke the lower support line at the recent May 23 low, which likely means eventually lower prices.
Pattern-3 is short-term bullish:
Falling wedge (yellow downward trend-lines) is short-term bullish and no matter what,
a cyclical bounce is due now based on the two quite accurate cycles thus far.
CYCLES:
Two nicely aligning cycles lows are nesting now (making a low). OMG should have a tradable rally to the green downtrend line.
Green cycle moving up and due to peak June 18,
Green cycle bottoms again July 15th.
Pink cycle is also moving up. Both the pink and green cycle are both due to top around August 10 also, =/- 2 days.
INDICATORS:
Klinger Volume Force is in a wedge. It also supports the idea that the eventual breakout, up or down, should be big.
MACD is rounding in line with cycle lows due any day now.
SUMMARY:
Short-term pattern and cyclical are bullish for a bounce, or more, perhaps until mid June.
Then, another selloff back to the lower cyan support trend-line, in alignment with the cycle low of the shorter-term green cycle, while the larger pink cycle is
moving up.
OMG with then either breakout the upside in line with the pink cycle moving up until about August 10th, while the pink longer-term cycle is also moving up and
blast off.
If the breakout does not happen by the peak of the Pink cycle (Aug 10th), then OMG is very bearish, and the bigger triangle/wedge will likely end badly for OMG.
If OMG breaks out to the upside between now and June 18th, then it might retest the breakout line or pullback around July 15th then have a cyclical peak
August 10th +/- 2 days.
POTENTIAL TRADE:
Consider looking for a short-term cyclical long trade. Lower risk area could be at the first higher swing low once a 34-50 bar EMA
average (or something better) turns up and price is also closing above the average. If The trade doesn't move nicely after the first or second pullback on a 240 minute chart, then the outlooks would be quite bearish short-term and long-term.
DISCLOSURE:
This analysis is meant for educational purposes only. You trade at your own risk!
Cheers!
Michael Mansfield CIO
OmiseGo short termOmiseGo (OMGUSD) has been dropping following the rally from the last few weeks.
If price drops down to the support level around $13, we can expect a new rally up to the resistance around $20.
If price breaks below the support level, the next support level is below $10.
At the moment it's best to wait and see what price does once it hits $13.
Good Luck,
CryptoTrendline
OMG/BTC 4 Hr ConsolidatingOMG/BTC looks to have pulled back to the .681 Fib Retracement level which correlates with that support level.
Volume has been consolidating as well. RSI is looking good
Keep eyes on for it to hold that support level because there might just be another breakout real soon.
OMG - Potential 15-20% Profit on Breakout of Ascending Triangle!Hi, today I just had a quick look at OMG vs BTC. Here are my thoughts...
As you can see we are currently trading within an ascending triangle. Given ascending triangles can be either reversal or continuation patterns, let's look at the underlying trend which happens to be an uptrend - suggesting a breakout to the upside.
So what do our other indicators tell us? Aroon Up/Down is bullish. RSI and volume show no inclination that the bears are going to lower the price and break us to the downside. MACD is questionable, however when looked at with RSI and Aroon Up/Down in the back of my mind - we have momentum left before going oversold to get us to our target which is just shy of the 78.6% fib. We haven’t really tested this Fib level much before, and the last time was way back between August and October 2017; so I would expect resistance here. Also, considering our RSI and MACD momentum will be sky high and oversold by the time we get there; a retrace will be likely.
How to trade this? Well as always there is a chance we will break to the downside. I have set a buy zone in green which should be used on a confirmed break out. Now to be clear - a confirmed break out doesn’t just mean we get into the target buy area; it means we close on the daily within it and have a large increase in volume when we do. If this occurs then this trade should be on for a nice 15-20% profit depending on where you get in and when you exit (just make sure you exit at or before the target!).
Cheers
OMG that bullish flag! Market is set to go.Welcome.
Again I will check OMG/BTC opportunity. I see there is forming characteristic setup. The price has started moving in channel, there is bullish pattern also with atleast 50% profit target in mid-short term as very reliable investment. RSI hit the bull mark crossing 70 value and retracing.
Entry: 0,00174 BTC ( NOW )
Stop: 0,00164 BTC (below bull flag and yellow channel)
Profit: 0,00261 BTC
Ethereum tokens are good for gains these days. GNT is under show, I think there is more to come.
Throw some feedback!
Pre-pump signal 140% gain OmisegoBottom Finder buy signal script
Pre-pump signal 26/04 (5am), price = 0.0017 btc
Pumped today 26/04 (2pm), price = 0.0025 btc
Gain = 140% in 1 day (9hrs actually :-) )
Message me to subscribe
OmiseGO Upside potentialOmiseGO (OMGUSD) rallied this morning and reached the resistance level around $20.
If price starts dropping down we can expect the support around $13 to hold and the rally to resume.
If price continues to trade above the resistance level and it becomes support, we can expect it to reach new all time highs.
There is a possibility that the resistance level around $25 holds price, but ultimately it looks like it's heading to new all time highs.
Good Luck,
CryptoTrendline