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OMGBTC trade ideas

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
Long
by Corrupt_Economy
1
OMISE GO: BULL RUN LESS THAN 24 HOURS = 32.06% PROFIT!!!Our "Crypto Scalper" Trade Signal has correctly identified a buy in point on the 26th of April 2018. Using this buy in point and selling at today's price, you would have expected to net 32.06% PROFIT!!! IN LESS THAN 24 HOURS!!! The increase in price may also be explained by positive developments including: 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). It is also noted that Upbit another large exchange in Korea made up 35.97% of trading volume with all other exchanges including Binance experiencing a spike in volume. Excess demand from Korea resulting in buying volume explains the huge surge in prices.
by CryptoTradeSignals
OMGBTC: HORIZONTAL CHANNELHello traders! Omisego is in a horizontal channel, this is a neutral sign in general. If the price breaks through the top or bottom of the channel, the horizontal channel will end until a new channel is established. I am bullish because kumo cloud is acting as support and it's holding pretty good, I also have myself covered with a stoploss in case we break the bottom of the channel. Break the channel through the top (196920 sats) would make me extremely bullish. - THIS IS NOT FINANCIAL ADVICE -
Long
by Arnnn