OMGBTC trade ideas
OMG possible breakout soonOMG looking to go higher on its uptrend since the start of the December, possible breakout coming
OMGBTC action!We get see BITTREX:OMGBTC joining the double digit gains club again. It's broken out of its previous range with high volume and made a new high, and is pulling back a bit to rest. The RSI indicates a clearly overbought scenario but the MACD and the heavy volume mean the price should consolidate high. The two pink lines indicate, based on the 5m chart, where 90% of that most recent large volume candle on the 4hr came from. Someone bet big there, and I want a shot. I'll be looking for buys there in hopes of a retest of 18.
Reversal Heartbeat Lightning Bolt Cup Base SmithBasically a Ferrari Horse.. We have seen many Mirrored in Time Ferrari Horse Logos, but this is a classic..
Tech name: Descending Heartbeat Lightning Bolt Left Hand Axis Cross with U shaped Volume between peaks, Peak Buy Volume = Peak Sell Volume between max and min of wavelength...
0.236 fib is touched after the axis is met and next candle is "Deal Closer" (on the flatline is in in heartbeat tennis... so this is notably peak volume candle that closes the descending gap... it is notably >2x volume of max and min in the structure.. Smart money has entered the building !!) ending the right hand " Flat Line " and starting a super bull run trampling the bears !
The 0.236 appears to be a conservative entry point on most Heartbeats that are assumed bullish..
OMGBTC | Breakout to 30$OMGBTC has been consolidating at the $20 price for awhile. With the bottoming of BTCUSDT and subsequent rally into the 17k, the reaction on the trading pair to these events looks very promising with a 89/233 prior to the BTC rally and the uptrend holding through the 3rd wave. OMGBTC will continue to move slightly higher and retest key levels before breaking out itself to the 1.618 fib level, which would put it around the 30$ price point.
ETH: 0xcF29F645D7618f3F0588c2876A5A4d1CFec00a51
OMGBTC UPTREND!OMG BTC is uptrending hard at the moment. we can see from the price extensions that it is making rotations between upper and lower value while gravitating back towards the control price. Judging by the price extension in lower value at 125 SAT we should see a quick bounce back to 180 SAT shortly before rotating back towards control.
OMG/BTC (Poloniex) - Buy Limit 0.00081000Market - Poloniex
Buy Limit - 0.00081000
Take Profit - 0.00162000
Target - 100%