OMGUSD trade ideas
Weekly Hidden Bullish DivergenceDudes and dudettes, what we have here today is a major bullish triple MACD, RSI, Stoch RSI hidden bullish divergence on the WEEKLY which is a very bullish continuation to the upside.
First target: 11.13
Second Target: 14.44
Third Target: 17.76
Top of the trend line Target: 21 - 22
DISCLAIMER: If BTC decides to dump and OMG gets out of the trendline, you don't want anything to do with OMG.
OMG- Semi-bullish zoneI expect near-term consolidation as there are some short-term resistance lvls that need to be cleared. Looking for momentum and volatility to pick up soon.
Steady uptrend and the cluster of technical supports below current price lvl indicate that OMG is one breakout away from turning fully bullish.
If BTC retraces again, it will be a perfect opportunity to accumulate some OMGS. Scale in slowly if you intend to market buy.
Just my two cents. Not investment advice.
A Breakdown OMG!I honestly have no idea what this coin is other than one with a funny name but it is among the high market cap cryptocurrencies so I put it in my Tradingview signals alerts for potential breakouts. While the other big coins have experiences a nice run up BITFINEX:OMGUSD has definitely lagged. Now it is setting up a rather clean breakout of a consolidation according to my metrics. If it breaks the consolidation it will also be breaking the 50% retracement of 3.2394 which is the halfway point of November's price action. This should trigger a retest of the bottom. So if a trader is looking to hedge a potential selloff in the space this would be my pick.
OMG/USD Major Move PotentialMany times the most powerful moves are the result of strong technicals + strong fundamentals. Here on the chart you can see strong technicals suggesting major upside for OMG/USD. The chart appears to be in the early stages of a Wave 5 move upwards. Now, in terms of fundamentals, what could lead to such an explosive move? Well, put simply: Big Money. And perhaps this recent development and update is a sign of big money to come: the progress made on supporting Central Bank Digital Currencies (CBDCs).
www.youtube.com
omg.network
To the moon? Let's see.
OMG Short XABCD Bearish BAT 1. XABCD Bearish BAT Pattern in final CD move towards area shown in chart.
2. There is heavy historical resistance at this level too. Check the chart and draw your own resistance lines to confirm.
3. XABCD Bearish BAT Pattern confirms the heavy resistance possibility.
4. Make sure to set stop loss accordingly.
5. Speculative setup, please do your own analysis before trading.
6. I am not licensed to provide financial advice. Trade at your own risk!
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WineTrader888
OMG Network (OMG) - October 24Hello?
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It rose with support at the uptrend line (3).
We have to see if we can ascend above the 3.6802 point.
A break above the uptrend line (4) is expected to touch the 5.0400 point.
If it falls from the uptrend line (3), it is likely to fall below the 2.75 point, so it is a short-term Stop Loss.
I think the 2.75 point or less is the bottom segment, that is, the mid- to long-term investment area.
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** Check support, resistance, and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All explanations are for reference only and do not guarantee profit or loss on investment.
Explanation of abbreviations displayed on the chart
R: A point or section of resistance that requires a response to preserve profits
S-L: Stop-Loss point or section
S: A point or segment that can be bought for profit generation as a support point or segment
(Short-term Stop Loss can be said to be a point where profits and losses can be preserved or additionally entered through installment trading. You should trade from a short-term investment perspective.)
OMG on the verge of a technical breakout to $3.20 - $5.50OMG/USD recovers from support at $2.80 and ready to post gains towards $5.50.
The OMG Network plugged massively like other major and minor coins in the cryptocurrency market. The decline swept widely across the digital assets recently. OMG succumbed to the increased selling pressure leading to significant sabotage to the progress made in August. From the high traded in August at $9.50, At the time of writing, the crypto is trading at $2.90.
OMG pump again? Past year says soIn the past half a year OMG pumped a few times, the tops are usually 100-90 days apart.
As seen from the previous pumps, it moves fast, moves strong.
I expect a huge pump in the upcoming weeks, as omg continuous it's parabolic rise.
OMG Reversal Happening Now
hi traders:
OMGUSD is showing great price action for reversal up move.
We see price has been in this down trend since
mid August, and slowing push price down to the previous lows.
We then see price developed into this inverse Head and shoulder, had its LTF bullish push up and formed continuation correction.
Since price has already broken out, then good to look for LTF corrections to get in this buy move.
thank you