OMGBTC trade ideas
OMG (OMISEGO) BUY IT WHEN IT IS IN THE UPTREND CHANNELOMG
*It is in the uptrend channel as you see. If It breaks the triangle and does not go down, OMG will move higher positions.
*There is very strong support at 0.00130901 and resistance at 0.00151209.
*Also MACD confirms that the uptren will continue more.
*There is a hidden divergence for upward. Thats a perfect signal.
*If the blue line stays under the candles , that makes thhe chart perfect.
I bought some :)
OMGBTCOmiseGO looks like it's making weird looking camel humps. I think it'll come down like the other alts. Everything is pointing to end of February being very significant. Hopefully we'll bounce out of this funk then. Again OMG is an excellent buy in Feb/Mar 2018.
I'll update this with a USD analysis later.
OMG nice sideways channelLooks like we could pick up a nice move between this SR. Current price entry would be a little high for me, if we get a retrace to around the halfway mark of the pinbar i would consider entering. Overall the chart also looks good for long term upwards movement, however i have only charted it out based on this short term move.
Will be watching to see where the price moves over the next couple hours.
OMG/BTC how low it will fall?OmiseGO is a strong coins, but every coin has it's ups and downs. I believe (of course I can be wrong) that OMG correction hasnt ended yet.
Yellow lines are the levels that should have the best response from the market.
Head And Shoulders pattern (which is often, if not always, irregular correction) indicates that we can fall as low as 60.618 sat. And HnS was confirmed by volume.
The red ABC flat correction could end on 124.644 sat, if that lvl is broken then 88.290 sat. After that 60.618 sat.
OMG not quiteI: Price has broken major trend-line, rallied back above and come back for a retest.
P: Price will find support and head back towards the major trendline before resistance is found
D: Get a good price to increase R/R
E: we got a small rally and I kept my stops in place.
RFE: Retesting trend-line after finding support
Lesson:
The trend is your friend. Don't go against it.
No real Bull confirmation here. Just wishing for a rally. - Don't wish!
Ready for push toward 0.5 fib and beyondI think OMG is ready for a nice push up after the recent correction based on this daily chart.
-Forming a nice ascending triangle between 0.5 fib and trendline. Trendline has been a strong support in the past.
-Stoch RSI bottomed out. As can be seen in the chart, a bottomed out Stoch RSI has always caused a nice bump in the past.
-And last but not least, a Golden cross has formed about 5 days ago.
-Volume could be better but it's not terrible.
Happy trading!
Omisego Testing Key Support, Potential buy Option.After a bullish breakout on December 18th, Price has remain in a very respectfully bullish channel. Where price has rise from its top of the bullish breakout from .00075 to as high as .0018 aganist the price, again of at least 200%. Now Price is testing key support. Buy be an opportunity fro some investors and traders.
OMG/GBTC Showing Bull Signs 10% - 100% Fast Profit PotentialHello, Trading View,
Okay this coin is priced low for the year. So you can conclude that it will continue on the uptrend for a while. Because we are still in a correction trend. Be sure to head over to our web site to join our private membership group. For up to date news on the industry. And the best buy/sell price points to maximize your ROI
Thanks,
StopLoss123
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OMG Possibility #3: Elliot Correction WaveOmiseGo, using the OMG token is a crypto-focused branch of the traditional and well-established Asian payment gateway, Omise. It is as close to a bluechip coin as it gets and I have very high hopes for it in future. They have recently been in a fairly consistent bull channel despite not having the most announcements or the best general public relations, so we can expect any large piece of news or project update to have a large effect.
However, I cant ignore the possibility of entering at least a mid-term correction phase, if not, god forbid, a full-blown bear run. I have set two different potential short positions that i feel can be mixed and matched, meaning you have a total of 2 entry and 2 exit positions to pick from.
For entry points (or exit if you arent shorting), one is near where i suspect the top of the current wave may peak, and the other, if youll need more convincing of a bear market, is set for if the price breaks the current round bottom support trend.
For exit points (Or re-entry if you arent shorting) I've marked one around a known support line, and the other near where i suspect the elliot waves should take it.