OMGBTC trade ideas
OmiseGo Potential Buy Opportunity 50-130% Profit TargetPossible Entry and exit targets are clearly stated on the chart.
BLUE: POSSIBLE ENTRY ZONE
RED: STOP LOSS LEVEL
GREEN: SELL TARGETS
Join our discussion room for more about our trading signals.
Please do click on like icon and share our idea.
Thanks.
Note:
It will be good to always understand risk involve in trading. Always trade with stop Loss in place.
Set up an entry/exit strategy for every trade, with good risk/reward ratio.
OMGLong-term deal
A very strong support area has been tested many times and the price has risen
Always better manage the capital in each transaction now entering 75% of the transaction value
And 25% support the price from below
Objectives
0.00120 BTC
0.00140 BTC
0.00160 BTC
0.00195 BTC
OMG BOTTOMED OUT - Good Time To Buy
***This information is not a recommendation to buy or sell. It is to be used for educational purposes only. it should not be considered financial advice***
Great opportunity to accumulate!OMG is at its long-term support trend line,
wallet is releasing by year-end
Staking is possible by year-end
Best Team combination
Solid product & partnerships
OMG - Nearing historic key support line - Great buyLooking at the daily chart for OMG, we can see that the price has been consolidating since its meteoric rise in Aug/Sept of last year. At the moment, it is approaching a key support line (white) from which it bounced off of in December. This support acted as the steadfast catalyst it needed to start its next run up. Could it happen again here? We'll see. We can see falling price action has led to a new low on the RSI at 21, however there is solid support on daily MACD, which may indicate higher prices to come. The price action currently finds itself in a falling wedge and is getting tighter and tighter. Of course this is all indicative on Bitcoin, so watch for the bounce. It maybe the bottom a its next big run.
OMGBTC D1. Bullish Div on RSI/StochRSI.
2. But recent price is confusing.
3. OMG on its way to make new low (got stopped out)
4. Key point is to enter near bottom
5. Blue lines are weekly lows/highs
$OMG, Trend Confirmation….
Weekly
Looking at our trend timeframe we see price is currently testing our weekly trendline, stochastic rsi showing momentum has nearly bottomed out and we should start seeing reversal candles form on our smaller timeframes.
Daily
Shifting over to our pattern timeframe we see price respecting our descending wedge pattern, stochastic rsi showing possible lower high forming. A daily close above our wedge and we should expect OMG to run, however if we close below 105500 expect OMG to continue to our 60000 support level.
4Hour
Finally looking over at our trigger timeframe we see price has been consolidating between 108750 and 106300, a 4hour close above/below either of these levels indicates our next direction. Stochastic RSI showing momentum is starting to head towards the upside.
Long OMG top performer 2018 into early 2019A small dip remains before takeoff in august/sept which will follow with a last drop before new ath in BTC ratio
omisego idea in this crazy market right nowomisego has been going down for a while and is coming to a crucial support.
the stoch/rsi is bottoming out so thats extremely positive
i think if omisego reverses it could go to 150k.
stop loss 90k
target 1: 120k
target 2: 130k
target 3: 140k
target 4: 150k
target 4: FREEEDOOMMMMM. mostly 200k
OMGBTC UPDATEOMG rejected the previous double bottom at the weekly support around 114585. Now has dropped with btc to a 4 hr support and formed another double bottom on the 4 hr time frame. a nice bounce off support has now happened although there is a weekly trend line just above which may act as resistance.
I will be waiting for it to make a move either up or down from here. If the trend line is respected and it heads back down I will be looking for this support to hold again and an entry off it with a bullish engulfing candle.
If the trend line is broken here price will move into an area between the weekly trend line and a weekly resistance. Forming almost an ascending triangle. If this plays out i will look for an entry when it is pushed into the corner pending BTCs movements.
OMG/BTC further drop expectedIt should drop further after the impressive breakdown below the sliding line (sl). OMG/BTC could be attracted by the confluence formed by the 50% Fibonacci lines.
OMG has clearly hit bottom?I see the last option for support on this trendline. If this breaks I dont know how deep we can go. If it starts to get bullish again, we might be forming a C&H. What u guys think? Let me know:)
OMGBTC BITTREXOMG is forming a double bottom on the daily at a strong level of support. This level has been respected as both support and resistance multiple times on the 4 hr and daily time frames. Looking for a good bounce here to break the daily down trend line and head up to retest previous structure.
Tight stop loss in place just in case this support doesn't hold.
OMG For The Push Into BullLooking like a retest of support and then OMG can take off. First stop is going above MA50 / 200 EMA and then hitting the fib levels. We've already had 2 touches to resistance and 2 to support. One more to break resistance and we should be seeing some nice increases come August if BTC pushes up as well.
#OMISEGO #BITCOIN #BITCOINPRICE #TRADING #BITDHARMAOMISEGO is found inside of a symmetrical triangle at the time it finished a falling wedge. Usually the upcoming trend is being bullish in both cases, symmetrical triangle and falling wedge.
Targets:
- 194000 Sats
- 170000 Sats
- 150000 Sats
- 136000 Sats
STOP LOSS: 104480 Sats Just in case price breaks green support.
OMG/BTC bounced backPrice increased in the last days and it was somehow expected to climb towards the median line (ml) after the false breakdown below the median line (ML) and below the sliding line (sl). Only a valid breakdown below the median line (ML) will announce new lows. However, a valid breakout above the median line (ml) will send the rate higher.
