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OmiseGo / Bitcoin

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OMGBTC trade ideas

OMG double BottomOMG is forming a double adam and eve bottom, Short term targets are at 157000 satoshi, 208000 satoshi. Crypto has gotten a lot of attention lately, i am expecting a bitcoing pullback soon. That means good alt-coins will see a prise rally. Omg is at the point where it's ready for another big move, Stoch rsi is looking good, bollinger bans squeezing and MACD ready to fly! Looking like a good trade opportunity. Last chance to get some cheap OMG. We may even see ATH's soon.
by onecane
#cryptocurrency $OMG.X possibly putting in a local bottom hereVery constructive base building over the past month here in OmiseGo. Risk/reward levels aren't that great, but current environment across all coins likely won't allow anything better before more attention comes to OMG. Slow entry into it with tighter mental stops can work. Current USD value around $8.70, should see ~$10.00, decent level for profit taking if you're just swinging short term moves. However, strong moves above $10 and ATHs near $15 could be possible. Posted a recent blog post on where I saw Bitcoin moving short-term (thebitnote.com) and how the rest of the coins may behave - so far, many coins are behaving very well on Bitcoin price appreciation, in line with a shift in sentiment on Bitcoin vs. rest of the market. Keep that in mind when trading them, as their moves may become more long-lived and stable over the next few weeks.
Long
by JustChartThings
$OMG - hitting rock bottom, almost out of the holeIt was a wild summer OmiseGo OMG! OmiseGo had a very good run caused by the well orchestrated hype marketing campaign with all those Vitalik and Google selfies. The price rocketed and probably made many millionaires overnight. This surprised a lot of people, including the OmiseGo guys themselves, why? Because the most important thing to know about OMG is that currently there is NO working product behind OMG. The potential is huge, no doubt about it, but the roadmap is very, very long. Long time people were very confused about a lot of positive news involving OMG, but actually coming from Omise. Only many weeks later, everyone realised Omise and OmiseGo are two different entities, and that even if 1. Omise is a very successful company and 2. OMG will help Omise become even more successful in the next years, for the time being there is nothing much to do with the OMG coins. When this realisation hit, people started to sell, big time. So here we are today. OMG was is downtrend for the past months and now it looks like it's finishing the bottoming pattern, the inversed head & shoulders. Sooner or later, OMG should be ready to start another cycle. When that happens, hard to say. The next notable fundamental news and roadmap milestone for OMG should be happening in summer 2018. Then you would be able to stake your OMG tokens, meaning generate a few percentage of more tokens automatically. This ia interesting for a lot of people, even if it's a low percentage and you need quite a big stack of coins for this. Looking at the day chart, I see a sideways move at the moment. we have good support at 90 levels, and even stronger support at 60 levels. There is indeed a good chance the price (in BTC) can visit the 60 - 70 levels. So in conclusion: 1. If you are already in it, a.k.a. Long HODLer, depending on your entry price, keep holding, but keep in mind, it might take a longer than a few months until the price goes back up. 2. if you are not into this yet, but you believe in OMG on the long term, you can definitely think about starting building a position as shown in the chart a) first part of your money now agressively on the bottom of the range (90 levels). b) another buy at 70 levels in case it goes there. c) Keep the rest for when we break the range. Let me know if that was helpful or if you see it otherwise. Thanks!
Long
by TheBigNova
6