OMGBTC trade ideas
Shorting OmiseGo 19/09 [3:30am GMT] - TP 22/09 [6:30am GMT]There's a brief Bullish rally forming which on hitting 0.00275699 (19/09) should trigger a few days of a Bearish run; this should finalise at 0.00252312 (22/09).
OMG/BTC predictionHey guys let me know what you guys think. I believe it will form another right shoulder and then test at .382 depending on what happens there if it has enough gas it will go for the next support zone.
$OMG next target$OMG is recovering after BTC drop. The chart looks weird but on 30 min timeframe there is a possible triangle formed. The breakout is confirmed by oversold RSI and bullish ichimoku cloud. Short target is 290k sat. Midterm target is 310k sat.
Expect OMG pullback before mooningOMG has not taken a break of its uptrend ever since it was launched. If you got in early, you probably made a decent chunk of profit with this one.
I think it's now time for a healthy retracement to the 0.236 or it might go lower to the 0 fibonacci level.
RSI is showing uptrend on the 4h chart but both MACD and TDI are showing downtrends.
I expect to re-buy at "buy zone 1" level.
If it continues to go down, I will buy again at "buy zone 2" level.
It should reach the buy zone levels by mid next week.
I am new to this and I'm not giving financial advice.
This is for pure fun and everything I say needs to be taken with a grain of salt.
Do your own research before investing your money.
Happy Trading!
Expect OMG pullback before mooningOMG has not taken a break of its uptrend ever since it was launched. If you got in early, you probably made a decent chunk of profit with this one.
I think it's now time for a healthy retracement to the 0.236 or it might go lower to the 0 fibonacci level.
RSI is showing uptrend on the 4h chart but both MACD and TDI are showing downtrends.
I expect to re-buy at "buy zone 1" level.
If it continues to go down, I will buy again at "buy zone 2" level.
It should reach the buy zone levels by mid next week.
I am new to this and I'm not giving financial advice.
This is for pure fun and everything I say needs to be taken with a grain of salt.
Do your own research before investing your money.
Happy Trading!
OMGBTC 120Hi, I tried showing you all the possible variants on this pattern, I hope it will be useful, very successful
OMGBTCWait for confirmation & do what you feel is safe.
Top yellow line: Resistance Lines
Bottom yellow line: Support Lines
Happy Trading!
OMG/BTCMy support line drawn under the candlesticks could be argued as biased... None the less, I think the previous resistance line has now become a support line. Missed a good opportunity to buy when the MACD lines crossed last and the RSI broke through. Good learning experience on this one.
$OMG one more leg down to complete correction?On the bigger TF, I'm bullish on OMG but on shorter TF I'm starting to think we might see one more leg down. Bearish divergence on MACD is one the reasons.
I expected yesterdays correction but the bounce is not convincing me (yet).
We might get a bigger ABC correction from the blue box in left picture toward (4), from there we should bounce to (5).
Breaking the yellow trendline invalidates these thoughts.
Happy trading!
OMG Supports/Resistances - BullishOMG has kicked off another ATH with great volume. As such I believe it's going to continue with this bullish momentum. After ATH resistance look for target of about .0038
OMG Potential breakout 8/23OMG looks like it's ready for the next leg up, longer pennant consolidation, 4hour MACD and stoch turning up. I expect a breakout from the pennant within the next few 4 hour candles, test of previous ATH, small bounce downward before finishing up based on the flag pole height
OMG 4 HOUR TIME FRAMEOMG STRONG 4 HOUR TIMEFRAME. Los Angeles 10:00 PM.
OMG is strong at the 4 HOUR TIMEFRAME and anything can happen with all the BTC FUD.
I would buy in small increments and hold for a week or two.
Although OMG looks strong, I would hold mostly in cash and wait out the FUD.
OMGBTC wave 5 off elliot wave cycle after ABC correctionFirst and foremost, it's too late to chase it!!!
-Prime entries were points 2 and 4 on second set of elliot waves in purple.
- Fibonacci levels are respected and projected here in this analysis.
-Stoch RSI is turn up.
-OMG has a great presence in the market.
Do not be suprised to see this coin rally for new highs.
I keep it simple. Let's see how my analysis pans out.
OMGBTC - Trending In ChannelOMGBTC is trending upwards in a nicely defined channel.
Currently forming a flag on the 1h chart indicating a bullish continuation of the major up trend.
Potential buying opportunity now, or on a bounce off the bottom of the channel (for confirmation) for a short term trade with a 10 - 15% profit target between 0.00316 and 0.0032. Stop loss at previous support of 0.0027
