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Omisegobtc

OMG Chart Analysis (Binance)Hello fellow traders! I hope the day is treating you well. Let's take a quick look at a couple of indicators on the 1d chart I have been following on an idea originally published by Alan Masters. He noticed an extended downtrend period that finally formed a solid bottom after several false alarms. OMG looks strong and is behaving strongly. Additionally during the market correction it managed to hold its value very well. Let's start by noting the DMI. The +DI is crossing over the ADX, almost vertically, while the -DI is falling. This looks bullish to me. It is a sign that a new trend may be forming. You can see that the MACD is crossing over into bullish territory as well. The RSI has also been trending upward since the 5th of February. There has also been some nice bullish volume today. All these are really good signs that OMG is on its way up. Studying the candle formations on the 1 day charts we can see that OMG is in the midst of a measured movement up. However, over the duration of the correction OMG has encountered some thick resistance between the 38.2% and 50% fib lines. Factoring in the mood of the indicators, I would not be surprised to see the resistance at these levels dissipate. A breakout and close above the 50% fib line would be a safe and smart entry point if one were so inclined. I hope you find this analysis helpful while you travel these chart-filled lands. As always, trade safe and smart. And take luck!
O
by ofbullsandbears
1
OmiseGO (OMG) Quick 200% (Binance, Bittrex, Poloneix & BitFinex)Let's take a close look at OmiseGO (OMG) for a quick trade. This is a very strong coin which is available on Binance, Poloneix, BitFinex, Bittrex and other exchanges, so this trade is available for everyone basically. OMG is a very active coin and it has been seeing positive upward action for a while now. We just bounced from the support line of an ascending channel, so there is room for more growth. Several other indicators are also telling me that this coin can be good for a quick and risky profitable trade. Let's take a look... >>> Below you can find the trade instructions: Buy-in: 0.00148 - 0.00178 Targets: (1) 0.00198 (2) 0.00228 (Aim for this target) (3) 0.00248 Additional targets (longer term): (4) 0.00278 (5) 0.00358 Stop-loss: 0.001420 (Maximum risk about 20%) Note: The stop loss is recommended for this trade. If the trade goes south, the stop loss will cut your loss and kick you out of the trade. Here you can see the ascending "green" channel on the daily chart: >>> Message Patience is the key to success... The key to success when trading cryptocurrencies... When organizing your life (solving problems)... When trying to achieve happiness & wealth... Patience and deep breathing is the key to attaining everything you want, good or bad, in this lifetime. Namaste.
O
by AlanSantana
281
OmiseGO OMG Forecast - January 2018 Sale!art shows how BTC's bleed dragged OMG coin down with it. OMG is currently trying to hold support level at 140,000. That support has already been broken and fib retracement (not shown in chart so as not to clutter) suggests next support level at 130,000. Hence it would be wise to place some orders between those levels. Once BTC recovers, a reversal is expected and a bullish trend to form and potentially reach the flag targets in the coming days. RSI: Oversold 35% Events: 18 January 2018 Jun Hasegawa will be explaining OMG future plans This is not an invesetment advice, always do your own research!
Long
by itradearn
1
OMG Mild Bear ComingI'm theorizing that as the Kijun (yellow) line crosses over the Tenkan (blue), we'll see a TK cross that will result in a mild bear run if the cross happens above the cloud. Keep in mind, this is on the 4 hr standard so we may not see the bear for a few more days. I'm predicting some good OMG buy opportunities. Keep eyes on the MA 50, 100, 200; they are all positive so this notes that the overall outlook for OMG is bullish, with the TK cross giving it a short-term bear run (whenever that happens).
by PreSager
OmiseGo: The Clock Strikes Timely for Marketing ManiaThis market seems to work like a round about. Each new cycle of Bitcoin sends some alts flying up faster than others. I think Gen 3 has gotten some serious pump. However, OmiseGo is has recovered quite nicely since its last pump. This vixen of a crypto seems ready to go at any minute and will be drawing former devotees back to invest once again. There are cycles in crypto and OmiseGo will be part of the post-Bitcon-consolidation altcoin rally. Remember, with all the fear that Bitcoin is too slow to serve as a currency and too political to serve as a store of wealth; OmiseGo has positive press in both aspects. On the one hand, OmiseGo still has a partnership with McDonald's and is used - right now today - as a means of exchange. On the other hand, OmiseGo's mission statement is to, "Unbank the Banked" and they occupy a very large, relatively tech savvy and industrious region of the world, "Thailand, Japan, Singapore, and Indonesia, with rapid expansion plans to neighboring countries across Asia-Pacific." I believe it's time again for these types of coins to make a resurgence in price. However, what do I know? I am not to be trusted because I have no vaild insight and these statements should not be considered actionable or sane advice in any instance. Disregard this analysis as not usable. Cheers.
Long
by SgtOuiOui
5
OMISEGO $20 PROJECTION?!OmiseGo looks to be breaking a key resistance level anytime soon. From this, we may see a medium-term increase to the $20 Mark where will we see some resistance and consolidation before another movement upwards. This is quite a big move for the cryptocurrency, however, the market has been growing at an exponential rate as more Media outlets are consistently talking about the new tech. $20 is also perfectly in line with the 1.618% on the Fibonacci which is also a further indication that we could see a move up to this price. Orange - Resistance. Pink - Support. As always trade the lines accordingly.
BITFINEX:OMGUSDLong
by thomasfar6