OMGUSD trade ideas
OmiseGo $OMG retraced to 0.5fib area from 9.9$ time for more.!For the last peak at 9.9$, I think the Wave3 doesn't finish yet.
From 9.9$, OMG retraced nicely to 0.5 fib area, time to go up more.
So it would be nice to continue Wave 3 along the orange line.
Next Target: 11 - 11.2
Stop Lost: 8.5
ID/NR7 trading with OMGUSDWe found ID/NR7 on daily chart and price hold above EMA20.
BUY @8.1
SL @7.4
TP @9.9
OMGUSD possible SELL setup Hello Trades, OmiseGO/Doller now in daily correction mode.Now we can do short-term trade for complete the daily correction then we will analyze the price for buy setup.
OMG Rocket Coming ? OMG after a big consolidation period in the Demand zone now moving on the upppside,,
And believe me this coin has potential of reaching $50 very easily
...
Market reversed from Demand zone ( which is 0.618 fib level)
breaking the Blue line confirms the BUllish cycle.. buy orders can be placed above $9
Target levels are above the all time High at Fib extension levels (1.27 and 1.41)
it can be more though,,,
MACD confirms the Bullish movement too...
This coin got some potential...so a long term holding isnt bad :)
Cheers
Happy trading
Crypto Outlook - OmiseGo - 2017-11-27It looks like strength has returned to the hibernating OmiseGo and that price is ready to ride the Bollinger Bands to the previous high!
@OmiseGO Swing Trade Set-up @OmiseGo consolidation, ascending triangle, MacD crossover set-up on the 1 Day chart. Great swing trade opportunity for ~30% gain.
@OmiseGO Swing Trade Set-up@OmiseGo consolidation, ascending triangle, MacD crossover set-up on the 1 Day chart
OMISEGO LONG OPPORTUNITYGreat buying opportunity if price reaches the desired long target as specified within the chart. Keep in mind it's important for it to reach it before we will see more buyers! A break of trendline at 9.3333 and this pair will skyrocket upwards!
OmiseGo Plans To Rise After Trendline BreakoutOmiseGo showing some strength during the past week. It has managed to break above the downtrend trendline and on a corrective wave down it rejected it. Same happened with the RSI Oscillator breaking the trendline and then rejecting it.
Overall there are signs of emerging uptrend with the first target being near the previous resistance, the all-time high, which is at $13 area. It corresponds with the 327.2% Fibonacci retracement applied to the corrective wave after the trendline breakout.
Daily close below $6 support should invalidate bullish outlook and could extend the consolidation.
