$OMG Sitting On Daily Support $OMG has been riding this daily support level for a while now. Looks like a good place to start building a long position. Green box represents buy zone. Good R/R. Will update position accordingly.
Average Entry: ~.000500
Stop Loss: ~.00381
First Target Price: ~.0019
Final Target Price: ~.00129
Risk/Reward Ratio: ~5.6
OMGBTC trade ideas
The CRYPTO Calculator - Analysis #45Although many trades could be taken based on the underlying math of ‘The Calculator’, my own (conservative) trading rules say that it’s NOT about the quantity of trades. It’s about the QUALITY of the trade. I call it ‘predictable probability’.
If you find this analysis of any value or merit, please provide a COMMENT and/or a THUMBS UP. Thanks in advance for your follow through.
With all that being said, I am NOT a professional trader. I DO NOT provide investment advice. This content and the data provided in the indicator is based on my live and simulated, personal observations and is intended for educational purposes ONLY. YOU are responsible for ALL your trading decisions and ALL subsequent tax ramifications. Past performance DOES NOT guarantee future results.
One Major Indicator Could Signal Bull Price Action SOON for OMGAs we continue our crusade of analyzing as many coins in the sphere as possible, we will look into $OMG #OmiseGo next.
In the picture above, we can see the price is hanging outside the bottom of the ZN Bands.
This would indicate that an impending bounce could be on the way.
Let’s check the moving fibs.
Moving Fibs Indicator (Custom)
According to the Moving Fibs, the next target would be the support point that is delineated by the blue line that you can see above.
That support point is hanging at about 47.7k sats.
If the price were to head to that point, it would represent an loss of approximately 3% from where the price is currently.
Zerononcense Price Bands
The chart above is self-explanatory for the most part.
RSI(14)
There’s a ridiculous amount of divergence between the price action for $OMG and the RSI(14) on the daily.
This is something that cannot be ignored because it is positive divergence.
This could be a secret breakup when considering the amount of divergence that is on the coin currently.
We’ll definitely make sure to keep an eye on this in the future so that we can ensure that we have front court tickets to the breakout when and if it does happen.
Conclusion
Every other indicator on planet earth apart from the RSI(14) is telling us that $OMG is an immediate sell and should not be touched for awhile.
However, that RSI(14) positive divergence is ridiculously large, and this is something that cannot be ignored.
Right time to invest in omisego OMG and make good profit 37-138%OMG BOTTOMED
GOT SUPPORT AT PREV. SUPPORT LEVEL OF 45111 SAT, WHICH IS AT FIB 100
OMG JUST OVER THE EDGE OF EMA 21 WHICH IS GOOD
OmiseGo News: Team Close To Completing Plasma Integration
OmiseGo is building a public, permissionless, peer-to-peer network that focuses on mobile wallets being used in Southeast Asia. As an ERC-20 token based on a decentralized exchange, OmiseGo will be scaling their startup with Plasma technology.
In their most recent announcement, the OmiseGo team detailed where they’re at in terms of completing the ambitious Plasma project, as well as what they’ll be researching during their next phase.
5 MONTHS BACK NEWS - Vitalik Buterin: Sharding and Plasma Could Scale Ethereum by 10,000x
Spiked the price of OMG AND ETH
STOP LOSS 45111 SAT
ENTRY PRICE BTW 47189-52962 SAT
TARGET PRICE in SAT
MAIN TARGETS
------------
1. 68611
2. 85674
3. 117519
OPTIONAL TARGETS
--------------
139886,
162000,
189000 SAT
OMG up rally got strong resistance at FIB 38.2 & 23.6
HOW TO TRADE?
KEEP STRICT STOP LOSS, NO MATTER IF IT TRIGGERED, VERY LITTLE LOSS, BUT VERY LOW CHANCES OF SL TRIGGER BECAUSE OF OMG NEWS.
Always trade with news here, once you are in good profit, make sure you exit at each profit levels. After every small rally there will be correction and if market goes good, you can take reentry.
If omg breaks fib levels strongly, wait for next level, becareful at fib level 61.8 1,17519 sat, make sure you book 60% profit here.
DISCLAIMER: This analysis is just for eductional purpose, users are requested to DYOR before any type of investment.
Regards
Zia
OMG To LaunchpadBITFINEX:OMGBTC one of coins that dropped over 80% since ATH and now it's back to launchpad " Accumulation zone" ..
I recommend entries to be between 49k Satoshis - 39k Satoshis ..
Coin has a great potential to go double in a very short time ..
join us for more ideas and trades : t.me
OMGBTC a good opportunity to earn fast profitWe carefully analyzed the coin as it has great fundamentals and has been in decrease for a long time with a great chance for rebound.
Currently the price broke out from the local descending channel. Bullish XABCD is being formed. The pattern will be finished at the level of our 1st and free target. VWMA, MACD and HMA are bullish too.
More detailed information can be found in the signal. Follow the strategy and sell at the 1st target then rebuy again to earn more profit with the 2nd target and so on
OmiseGo what direction does you choose?After a prolonged fall, OMG reached the global support zone on which it resisted and formed a double bottom. Now we see the movement up the ascending channel, as well as the figure of the wedge. At the moment we can expect a correction to the movement to 0.786 Fibo level with the subsequent increase to the upper border of the wedge 0.618 level of Fibo. When it breaks through, the line of global resistance will also be broken, if it is not pierced, that is, the option to go down again to the level of global support.
OMG longOmiseGo is a fantastic product. It is currently almost at its all-time low and I believe it is soon to explode. Here is a chart showing that the price follows a fibonacci cycle. The all time high from August this year was followed by a drop to the current low, which was followed by a 61.8% come-back. Now seems like the end of the current drop as the support level of 0.0005 is hit. As I see it, the following bull trend will hit around 0.001619 which is a 250% of the current price.
Good place to DCAI am really finding it hard to be bearish on alts.
Heres a couple of reasons why, for OMG at least.
1) Weekly support, also bullish OB from literally OMG's inception.
2) 3D support.
3) Daily support.
4) Why are selling support?
5) no really, why are you selling support.
Jokes aside. I don't really have more to add other than this is support.
I'm buying all the way down to 0.00038
We're also, what I call "bowling out", a pattern that literally happens every single time a massively crazy move happens.
You could say its accumulation :)
Also notice the coiling and simple bullish divs on the 3D RSI, being squeezed between the 9MA and 45 EMA. My other oscillators are also showing bullish signs (on larger timeframes, which would be quite significant), (maybe I'll go into detail how I use them in the future).
Targets are marked on the chart.
We are still in a bear trend, So make sure to take periodic profits. Personally I'll be taking profits at:
1) 0.00115, weekly breaker and 3D bearish OB
2) 0.0014, 3D bearish OB
3) 0.0019, Weekly resistance (thought in all honesty if we get this fair we're probably really bullish)
DYOR. This is purely from a TA point of view. If Omise shits the bed, all of the above goes right out the window.
Had a quick suss on the Dollar chart on OMG and it still may have a ways to go down.
This might not be the definite bottom, but it's definitely a good time to be dollar cost averaging.
[OMGBTC] Cup & Handle Pattern and Get profit 100% early 2019OMG is rallying wave1 following Elliott Wave and make Cup and Handle Pattern and the price prediction is 1100 Satoshi at the end of December
-- TP of Elliott Wave --
wave 1 => 600 - 650 satoshi
wave 2 => 550 - 570 satoshi (cover on bullish trend line)
wave 3 => 800 (resistance)
wave 4 => 680 satoshi
wave 5 => 1100 Satoshi (major resistance)
OMG/BTC - More room for Dips - Accumulation - BUY & SALES TARGETHI Guys!
Volume and Technical Analysis doesn't look in the Favor of a Short Time Reversal.
The MACD indicates a severe bullish momentum for the prices.
OMG is trading well below the bullish trendline suggesting the investors will have
to wait for a price recovery. OMG is currently trading at $3.22. (0.000497)
OMG - Patient is the Virtue. Accumulate Smartly and patiently. Good Luck
Disclaimer: This is my opinion and my Idea, not a financial advise.
OMGBTC: Really Can't Go WrongHi All
Hope all your trades are going well
Expect: Short-term: Short
Expect: Long-term: Can't miss in SE ASIA
This is my girlfriend #1 Coin she invest in, and she is in accumulation mode lol
Be sure to follow me and like this post if it was helpful, and thank you all.
Like the Phoenix we will rise from the ashes
Happy trading People....