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OmiseGo / Bitcoin

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OMGBTC trade ideas

OMISEGO Breakout BOOM! OMGBTC finally bottoms? time will tellI won't go into a whole dissertation or write an oped; given that I want to give folks a chance to make an entry without having to FOMO. Just know that this token has been compressed like a spring & for some time now analysts have been pointing to a bottom -- this may or may not be it: the fact remains, OMISEGO is vastly undersold right now and long due for an accumulation/consolidation. RSI/BB/KC/Volume/50D MACD/SDMV all point to a healthy breakout on this pairing. Both short & long positions appear viable. Believe it or not this is the beginning of the bullrun before whatever consolidation or retracement may follow; and while the window is closing...there is still time yet to make your entry. Follow the green lines for fibo SHORT-MID Red horizontal represents STOP-LOSS DISCLAIMER Not financial advise! -@A1mtarabichi
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by UnknownUnicorn3861629
OMG/BTCTwice I've called alt season and twice I've failed. Third time's the charm? Alt charts should be making their way to the disbelief stage vs USD very soon, now that BTC has had its steep "sucker's rally". I've seen the alt market act like this before, in December of 2017. It appears the algorithms are using the same technique to hunt. Push down until there's no sellers left, then retest. Short term Adam & Eve. Will the alt boom be as meteoric as December 2017? Before, I was under the impression it would be a slow, tangent rise to the disbelief stage, but then we saw what BTC just did, so I looked back at the dot com bubble. Same players, similar game. Amazon, for example, took 40% of the time it took for its depression phase, to get to the top of the disbelief phase. How does that look for alts? ~200 days of depression phase = ~80 days of uptrend to the top of the "sucker's rally". Alts that are going to survive should be able to go to 35%-65% of their peaks of the bubble, in this phase. OMG, for example, peaked at $28.50, so it should be able to make it somewhere in the range of $9.98-$18.53 within this 3 month period. While BTC falls value, into disbelief, this should show a 6-12x rally, relative to BTC.
Long
by ovvnyou
OMG - A long-term look at OMGA long-term possibility for OMG. The daily MACD is starting to curve at support and is coming to the end of its pennant pattern. A break to the upside would also be a break above the zero line, both bullish indicators. This could give us the potential to make an inverse head and shoulders pattern if the price could hit the neckline. Now, clearly this is all speculative trying to predict the price action for the next year and Bitcoin will certainly play a big role in OMG's performance, but I think a breakout beyond the triangles would be very bullish and could push the price up to the neckline. If it takes more time as indicated by the red arrow, the IHS could still be valid.
by jpbrown1023