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OmiseGO / Tether USD

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OMGUSDT trade ideas

OMG - Gearing up for a breakout? Over 200% Potential Long Term.Looking at OMG on the daily Chart, there's some interesting things potentially shaping up. Most obvious is the descending triangle we've been trading in. OMG trades on a bullflag historically; which is characterized by a long period of sideways or slightly descending movement followed by a massive pump. We see a fairly recent retest of bottom support in late september which held strong. We have steadily increasing volume, however the biggest spike was on a retest of the upper channel boundary that was rejected, marking a decent red day. RSI is very middling at the moment; could go either way with current priority being up. Bottom line: good indicators for a breakout coming at some point in the next few weeks, however the heavy sell volume on the upper boundary retest makes me think we might see a lower support retest like in September before things really start cooking. Wait to see if we retest or if we can break through that upper boundary without a swift rejection. Short term TP's are green fibs, potential for ATH or more when the bull flag pops. Thanks to everyone for the support over the last while, let's keep this going :) -- I'm a guy that you don't know posting his ideas on the internet for the sake of improving as a human being. If you take this as financial advice, that's on you. If you like my analysis, then leave a like and feel free to follow for more free content. If you don't like it, then leave like but do it with anger; I'll be able to tell the difference. Feedback, criticism and crude humor are welcome 🤙😁
OLong
by cryptosince1963
4
✳️OmiseGO/USDT (1/11) #OMG $OMG #OMGUSDTOMG had a bounce at the 2.75-3$ support zone, which is a good opportunity to buy OMG because it can rally to the 4$ and even 5.5$ zones this November. But if the 1D candle closes below the 2.75-3$ zone, the OMG will easily lose 50% of its value in a few days. 📈BUY- LONG Strategy - Buy close to 2.75-3$. Stoploss if B 📉SELL-SHORT Strategy - Sell: 4-4.25$. Stoploss if A - Sell: 5.25-5.5$. Stoploss if A ♻️BACK-UP Plan - Sell close to 2.75-3$. Stoploss if A - Buy: 1.5-1.75$. Stoploss if B ❓Details: Condition A : "If 1D candle closes ABOVE this zone" Condition B : "If 1D candle closes BELOW this zone"
OLong
by CryptoStation
OMG/USDT - Return to the pump zone.Return to the accumulation zone. Change the scenario if a breakthrough of the inclined trend line occurs. Entry into a deal after a break down of the level $2.65 Target $1.30 - $1.90 (accamulation zone) Thank you very much and thank you to the responsive commentators for their understanding. I spend my personal time tracking the market situation and share my opinion openly with you. Push like and write your comments. We will catch the best trades together!
OShort
by Yuriy_Bishko
3
OMG | 17% Profit Potential in Upcoming Days, "Positional Trade"Hello Dear Traders, As u know all OMG was pumped hard when it announced partnership with tether and after rallying it started dumping finally we have seen strong demand in OMG it may rally up further upside ... very good opportunity for positional traders Entry: 3.0500 Stoploss :2.9 Target : 3.6000 Please share your opinion and leave a comment and / or give it a like. This trading idea has been presented to you by ROHITWORKSS
OLong
by mbn_global