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OMGBTC trade ideas

DONT GIVE UP ON OMG JUST YET!Sorry about deleting the other post forgot to clean up the chart haha Ok so... unfortunately my last post for OMG did not work out.. or well.... it finished its Eve formation but did not push past the confirmation marker so because of that I'm going to go ahead and create this new post to show the latest and greatest TA. Anyways BTC -4.10%took a dump this morning as we all might have noticed but OMG did not along with a decent amount of other alt coins. Yay Alts! That's besides the point but from what I'm currently seeing we have a Bull Flag pattern in the making that's coming to a very critical point. My prediction is that it will drop to the 132k range which will be the .5 on the fib scale as well as the touch on the RSI Indicator trend line . Now with the Bull Flag ; according to said math and all that jazz it looks like we could be seeing a target of around 154k sats 2.01%. If it does indeed hit said target I will come back to this post and create an update with future targets. We are still technically in a Bear market so I don't like getting to far ahead on the charts. Anyways the Bollinger Bands are also showing a squeeze (not a huge squeeze) but a stagnant squeeze none the less and I posted screen shots of where we've seen this before within the Eve double bottom . Some of you may say its a cup and handle but I do not and let me explain why... The reason being the volume within the middle of the cup. Within a cup and handle pattern you want to see a lower volume when its at the bottom and as you can see we don't have that going we have a lot of volume at the pit of the cup. Happy Trading hope you all enjoy my TAs and give me a follow/like for the posts you agree with and as always this is not advice on whether to buy or sell just an opinion based on indicators so trade responsibly. -CryptoLeroyJ out! This is showing the touches I was talking about on the RSI Trend line should lead us right into the tip of the flag!
by CryptoLeroy
OMG - Small Dip then MoonOversold on the RSI, Stoch RSI has bearish cross. Forming an inverse head and shoulders pattern. Hold off on buying for a couple weeks and watch for the shoulder to form. I'm hoping for a dip of about 10%. Remember, with another crypto bull market beginning to form, pumps can happen very quick, so watch closely! Or, buy now and stay on the safe side, we will see some serious gains soon. :) OMG has been on a lot of peoples watch list since its release. 2018 will be a big year for OMG, with the wallet and staking going live during Q2 this year. When it first released, the hype for OMG was huge, but it slowly died down. With the live product coming closer and closer, expect that hype to build back up, as well as staking to remove portion of the token supply being traded.
Long
by green_brow
OMG in B wave of correction?Not sure on this one because of that enormous spike in price last night. Looks to have completed 5 waves down for the A wave. 1 and 4 do seem to overlap slightly but only by a wick, which again makes me wonder. The top of the B hits the blue box, which is both the 0.5 of the A (excluding the wick) and the 0.618 of A (if we include the wick). The C wave hits the second blue box, which is between the 0.5 and 0.618 of the total upwards movement (excluding the wick). Don't trade on this without your own due dilligence...it's just for fun and info
Short
by virtualmonkey
Oh My Gosh OMG!!!!Just want to make a short post. I'll present here the daily chart. Price broke above kijun and cloud while also showing a possible TK cross. Extremely bullish in my opinion because OMG, I believe is one of the few cryptos to have a kumo breakout on the daily!!! Added here is the 4 hr chart. As you can see, price is above the kumo but we already knew that from the dailies. What we're after here is the short retracement to the kijun-sen. We can see that price refuse to go down below. So for all of you guys who were late to the party... this would be a good time to buy seeing that OMG also has other good stuff in store for us in their roadmap c:
Long
by aleisley
OmiseGo big volumeCoin of the day is OmiseGo. OmiseGO is an open payment platform and decentralized exchange working on a base of Ethereum technology. The OMG network is a scaling solution for the finance sector, enabling transparent, peer-to-peer transactions in real-time. The company slogan is "Unbank the Banked" and the stated objective is to provide better financial services for everyone, including both people who use traditional banking services and people in developing countries and locales which lack traditional banking infrastructure. Token OMG is one of the highest by the market cap ER20 based project in the world and was the first Ethereum based project to exceed $1 billion valuation. The project is supported by co-founders of Ethereum: Vitalik Buterin and Gavin Wood, and designed by the creator of Lightning Network and Plasma, Joseph Poon. Latest News On April 10 announced about Dai and OMG Collaboration. Technicals After the last review, OMGBTC showed significant growth, broke above the Bearish Trend Line and 100-days EMA. Today noticeably large volume was traded through the coin and dragged the price above the 0.0016 level to the 0.0022 high. An overall bias of the coin looks like a strong reversal pattern and beginning of new growth cycle. Now the OMG went into correctional movement after the upward impulse, and if the price holds above the newly formed Bullish Trend Line, we could expect further upward development. A breakthrough above the 0.002 - 0.0022 will open the way to next maximum at 0.003 level.
Long
by DestinationMoonCrypto
Adam and Eve pettern looking good! OMG time to shine!Adam and Eve Double Bottom pattern forming on good ol' OMG. As you can see we have the sharp narrow V shape on the left for the first bottom known as "Adam" and then the different more wide shaped bottom known as the "Eve" portion of the pattern directly after. If this pattern continues and played out past the middle at 141,000 sats the target is between 167 and 169k if the pattern dies due to BTC being a schoolyard bully then we may not see the pattern finish and then a sell loss will need to be initiated if you are not willing to hold on for the long term. (I have the targets and pattern marked out in the chart.) This information is not a recommendation to buy or sell so please buy and sell after doing your own research on the pattern described. All comments are welcomed if you see something I missed please feel free to point it out so I can better my charts further down the line.
by CryptoLeroy
OmiseGo will rise with EthereumCoin of the day is OmiseGo. OmiseGO is an open payment platform and decentralized exchange issued on a base of Ethereum technology. The OMG network is a scaling solution for finance on Ethereum, enabling transparent, peer-to-peer transactions in real-time. The company slogan is "Unbank the Banked" and the stated objective is to provide better financial services for everyone, including both people who use traditional banking services and people in developing countries and locales which lack traditional banking infrastructure. Its token OMG is one of the highest by the market cap Ethereum project in the world and was the first Ethereum project to exceed $1 billion valuation. The project is supported by co-founders of Ethereum: Vitalik Buterin and Gavin Wood, and is designed by the creator of Lightning Network and Plasma, Joseph Poon. On 28.02.2018 the team opened publicly SDK and eWallet repositories. OMGBTC peak formed at 12.09.2017 close to the 0.0033 BTC, after that the coin went into recession. Downward movement stopped at 02.12.2017 on the 0.00045 BTC mark, and the uptrend emerged. Currently, OMG is trading in the lateral correction pattern to the 02.12.2017 - 28.02.2018 uptrend, and recently showed rebound signs, which could be pointers on the end of the correction and beginning of the next growth cycle. OMGBTC is drawing a rebound pattern from the 0.0012 level; high volumes supported the upward impulse. From the downside, 0.0012 and 0.00115 levels will serve as a support for the bullish scenario, if the price will drop below these levels - correction/downtrend scenario should be considered. From the upside, a breakthrough of the 0.0014 level and 100-days EMA will confirm the uptrend scenario.
Long
by DestinationMoonCrypto