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OMGBTC trade ideas

OMG! - Beautiful purple cup & handle for Omisego?!I was looking at the chart of OMG and I immediately saw this beautiful purple cup with a forming handle. The trend is sideways to downward for the moment (mostly downward), so that the handle can be formed. You can also see that confirmed in the MACD (death cross on the daily) and clear overboughtness in the RSI. This makes me to believe that we are likely looking at an almost textbook cup & handle, that shall have to retrace back up soon to the 195877 satoshi area. If that resistance area is broken, we are in for some serious upward potential. Next targets would be around 221670 at and 247463. BUT, we are not there yet, first expect some reddish candles to steal the show. Let’s stay tuned, watching closely from the sidelines.
by A_Cryptastic_Mind
3
OmiseGO OMG 1 Day Technical AnalysisAnother great longterm hold - Look amazing for OMG, not to mention the fundamentals alone. - I see a bull pennant forming and a breakout soon - Watch for resistance at the next resistance line - Price had been staggering around the $15 lately - If the cup and handle completes, we will see a major spike Feel free to take profits at those areas, for OMG it's a long term hold for me ***$DYOR and happy trading ***Would love to have you in my Crypto League Cryptocurrency Discord >>> discord.gg
Long
by elitealpha
DONT GIVE UP ON OMG JUST YET!Sorry about deleting the other post forgot to clean up the chart haha Ok so... unfortunately my last post for OMG did not work out.. or well.... it finished its Eve formation but did not push past the confirmation marker so because of that I'm going to go ahead and create this new post to show the latest and greatest TA. Anyways BTC -4.10%took a dump this morning as we all might have noticed but OMG did not along with a decent amount of other alt coins. Yay Alts! That's besides the point but from what I'm currently seeing we have a Bull Flag pattern in the making that's coming to a very critical point. My prediction is that it will drop to the 132k range which will be the .5 on the fib scale as well as the touch on the RSI Indicator trend line . Now with the Bull Flag ; according to said math and all that jazz it looks like we could be seeing a target of around 154k sats 2.01%. If it does indeed hit said target I will come back to this post and create an update with future targets. We are still technically in a Bear market so I don't like getting to far ahead on the charts. Anyways the Bollinger Bands are also showing a squeeze (not a huge squeeze) but a stagnant squeeze none the less and I posted screen shots of where we've seen this before within the Eve double bottom . Some of you may say its a cup and handle but I do not and let me explain why... The reason being the volume within the middle of the cup. Within a cup and handle pattern you want to see a lower volume when its at the bottom and as you can see we don't have that going we have a lot of volume at the pit of the cup. Happy Trading hope you all enjoy my TAs and give me a follow/like for the posts you agree with and as always this is not advice on whether to buy or sell just an opinion based on indicators so trade responsibly. -CryptoLeroyJ out! This is showing the touches I was talking about on the RSI Trend line should lead us right into the tip of the flag!
by CryptoLeroy
OmiseGo [Parallel Channel Long]Very Bullish on OmiseGO, I love this coin and have been around for a while. It is a Subsidiary of Omise a online payment gateway service provider in Southeast Asia. What They Want To Provide: They Want to create the OMG Money Gateway as a scaling solution for Ethereum focused on payments, trades. etc in both crypto and fiat. OMG is open source and public. Also a upcoming Decentralized Exchange (DEX) will be secured by Ethereum and built to the limits by using Plasma architecture, able to interact with Bitcoin (or Like blockchains). Read more (The Official Guide, "What is OmiseGO?") Dyor, The Official Guide: cdn.omise.co White Paper: cdn.omise.co Roadmap: blog.omisego.network Daily Discussion - April 06, 2018: www.reddit.com Latest News: (South Korea’s Largest Banks Go Pro-Cryptocurrency as OmiseGo Secures Deal) www.ccn.com Vitalik Buterin and OmiseGo Announce $1Million in Donation to Refugees btcmanager.com Links: omisego.network etherscan.io github.com twitter.com blog.omisego.network reddit.com chat.omisego.network www.facebook.com
by sykXBT
OMG - Small Dip then MoonOversold on the RSI, Stoch RSI has bearish cross. Forming an inverse head and shoulders pattern. Hold off on buying for a couple weeks and watch for the shoulder to form. I'm hoping for a dip of about 10%. Remember, with another crypto bull market beginning to form, pumps can happen very quick, so watch closely! Or, buy now and stay on the safe side, we will see some serious gains soon. :) OMG has been on a lot of peoples watch list since its release. 2018 will be a big year for OMG, with the wallet and staking going live during Q2 this year. When it first released, the hype for OMG was huge, but it slowly died down. With the live product coming closer and closer, expect that hype to build back up, as well as staking to remove portion of the token supply being traded.
Long
by green_brow