OMGBTC trade ideas
OMGBTC - Hold Hold HoldOMG (Omise) - Global remittance and payroll + payment gateway & exchange token
Bullish Indicators:
-MACD crossover
-TD Sequential "1"
-Triangle breakout
-Bull Flag
SDK Wallet releasing in Q1 with big partners being announced soon. OMG will look to be one of the first mainstream coins with real adoption and use cases in 2018.
Expect big action.
Ack! Clif High December Report - "The data sets continue to grow in support for OMG and 'new opportunities' that are going to be 'touted (made visible in media)' over the last of Winter (northern hemisphere) such that by late February, OMG is seen as a 'leader' in the Spring. There continues to be growth in sets for OMG to be gaining over 2018 through well into 2019, with some sets describing OMG as a 'leader' in the larger group of rising coins/tokens from the 'Spring (northern hemisphere) ramp up'."
Targets
Short/Med Term:
- $32
- $65
Longer Term:
- $98
- $120
OmG It appears that OMG as broke out of an inverse head and shoulders pattern and looks to move toward the .618 Fibbonaci extension levels.
We can also see that the daily MACD has crossed and that the RSI levels are prime for lift off, especially when the daily closes above the cloud!
Cheers and happy trading!
OMG/BTC - Long over 116k satoshiOMG had a nice run up back in August to all time highs. It's gradually scaled back since with a more than 75% pullback and found a solid support floor around 45k satoshi.
We've seen a quick break out with support riding along the 50 day moving average. I'll be watching out for consolidation above the 50 day moving average into the bullish flag that's forming.
First Buy: 116k satoshi
Second Buy: 120k satoshi
Stop-Loss: 89k satoshi
Target #1: 200k satoshi
Target #2: 260k satoshi
Target #3: 290k satoshi
OmG is on it's way.. To Heaven ?I expect formation of a HANDLE and consequent impulse towards the Pressure Line as a continuation of a larger triangle trend.
The Long trend is beautifully embedded within a Sine Wave womb and about to hatch on the first weekend of 2018.
My plan is to benefit from short position on impulse towards pressure line and eventually on long position after price breaks out around the Conclusion Point .
I see beauty in composition of this chart, in particular the coincidence of sine-wave intersection with the tip of the pennant in what i call Conclusion Point .
This captures my attention and compells me to invest. Am I silly ?
This is my first ever published idea, and I'm very new to trading and TA ( it's vocabulary also) in general, so please excuse my potential inaccuracies.
I will appreciate any feedback.
Thank you
OmiseGO long - bullish signalsI see a bullish triangle that's about to breakout soon. Price bounced from the kumo cloud which is a bullish sign. Volume decreasing and it might lead to a big boom in volume soon. Tenkan is also above kijun which is also bullish. MACD and RSI looking to recover. Buy when it breaks the triangle convincingly.
If you like my analysis consider following me on twitter: www.twitter.com