OMG - more room to dropBased in the market we are in now, i can see OMG drop a little more considering that BTC will be dropping more in the near future. If we dont break out this wedge here, we will keep dropping.
If you dont know BAKKT is coming out and the big players will be trying to accumulate BTC low.
Play safe and ride the trend :)
OMGBTC
OmiseGO [OMG/USD] Risky Trade Opportunity!Hey!
Those who just can't wait and those who want to make trades on the risky market then here is a possible trade opportunity.
Technical trade criteria:
1. Round number $2.5
2. Trendline should act as a support
3. 50% from the current top
4. Fibonacci extension levels
5. Different timeframe RSI Divergence
It should make a pretty good profit but currently the market situation is a bit risky (BTC' shows some small signs to make another leg down, at the moment no clear confirmations) so maybe You want to wait a little bit or starting the laddering tactic.
Targets are on the chart - arrow top points!
Hopefully, this analysis helps You out a little bit to confirm Your own!
Please, don't forget to LIKE!
Have a nice day!
*This information is not a recommendation to buy or sell. It is to be used for educational purposes only!
$OMG Sitting On Daily Support $OMG has been riding this daily support level for a while now. Looks like a good place to start building a long position. Green box represents buy zone. Good R/R. Will update position accordingly.
Average Entry: ~.000500
Stop Loss: ~.00381
First Target Price: ~.0019
Final Target Price: ~.00129
Risk/Reward Ratio: ~5.6
OMGBTC good signal to buy chart No1Technicals only
I think market didn't move after it bounced second time from the 50000 area. Wick of the candle touched support created by bodies of candles year ago.
Double bottom is spread which gives bigger chance that the rebound will be stronger. It is still good time to enter market as the risk is very low. Also 50000 is working as psychological support/resistance area.
I set TP around 90000 or if the pair touch 200 Ema then trade should be automatically closed unless you are expecting massive movement.
SL around 45000.
XRPBTC IF YOU MISSED THE FIRST LEG, WATCH THIS LEVELLong here is an aggressive entry, but our invalidation level is tight. We don't want to see
Ripple close below Mondays High/Key SR without a quick bounce.
Once we have a higher high we are likely to hold here at support. Targets are BIG.
Good Luck from The TRADRZ Team
OMG long term bottom? OmiseGo, Part 3My previous analysis:
Previous analysis i showed a few signs, indicating the possible weakness on the short term, which got confirmed quite clearly eventually. It was a good example of a better safe than sorry situation. It bounced up twice exactly from that support area i showed and so far it has been moving up slowly.
I am going to try and trade this one, risking a tiny amount at the start and having a potential big win. How? well let me show you. I want to see a small drop again towards that trend line and green support zone , there i will buy a small amount and use that red zone below it as a stop loss. So if this fails, it will only be a small loss. If that plays out and we start to see the market move upwards, i will increase the size when we break that first red resistance zone and increase it even more if the second one breaks as well. While i increase, i move the stops higher as well to keep the same risk.
The daily candle looks quite good now, but still very low volume so we need to see more conviction from buyers here. The volume will probably start after the second red zone breaks.
Depending on your type of trading, you should choose if you look on the left or the right. Because looking at both shows you a lot more noise and makes things more complicated.
Most important factor in this whole idea is the following: The higher lows pattern The whole analysis (since part 1) has been based on this assumption. This pattern needs to hold. Second factor is the bullish wedge, that one gives more room to the downside, but if the higher low pattern breaks I won't be hoping for the wedge to work out.
Volume is dropping during this drop, showing there is not real selling pressure (or there are no buyers for sellers to sell in to :), in crypto it can be both). Anyway, for the bullish versions to succeed, we need to see that volume increase again.
Please don't forget to like if you appreciate this :)
Previous analysis:
$OMG/$BTC: 4H - H&S pattern, 1D - bounce from Ichi Cloud bottom4H - Head and Shoulders pattern:
Breakpoint rate: 0.00052000
Take-profit rate: 0.00053800
Profit percentage (%): 3.46%
Stop-loss: 0.00051400
Breakpoint date : 2018-11-09 19:20:00
Timelimit date : 2018-11-10 11:20:00
Entry risk: -1.15%
Risk/Reward: 0.33
1D - pullback to ichimoku cloud bottom:
Target - Ichimoku Cloud top ~572sat.
OMG OMiseGo Can gives You in Long Term 550% Profit !!OMG Coin on the Support Levels Making Expanding Triangles OMG Can Gives More than 5x Profit in a long term period becoz this Coin Complete his Bottom and now doing retesting to Fly in The Sky.... !!
Buy Zone 0.000500 - 0.000525
Sell Zone - 0.003000
if You Bought This Coin For Long term then Dont use Stop loss.. !!
Let See What Will be Next Move , i hope that Price can fly from the Buying Given Price....
Share Your Opinion in Comment Box.
if You Satisfied With My idea Then Dont Forgot To Hit Like .
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
ThankYou....................!!
OMG long term bottom? OmiseGo, Part 2Previous analysis i showed a few signs, indicating the possible weakness on the short term, which got confirmed quite clearly eventually. It was a good example of a better safe than sorry situation. It bounced up twice exactly from that support area i showed and so far it has been moving up slowly.
I am going to try and trade this one, risking a tiny amount at the start and having a potential big win. How? well let me show you. I want to see a small drop again towards that trend line and green support zone, there i will buy a small amount and use that red zone below it as a stop loss. So if this fails, it will only be a small loss. If that plays out and we start to see the market move upwards, i will increase the size when we break that first red resistance zone and increase it even more if the second one breaks as well. While i increase, i move the stops higher as well to keep the same risk.
The daily candle looks quite good now, but still very low volume so we need to see more conviction from buyers here. The volume will probably start after the second red zone breaks.
Please don't forget to like if you appreciate this :)
Previous analysis:
OMG anotha falling wedge? moon#OMG chart, can you tell I like falling wedges? lol
Accumulate below 550
Targets 570-620-690-800+ (play fibs also)
stoploss 475-455
NEBLBTC LONG. WHAT YOU SHOULD BE WATCHING AND CONSIDERINGImpulse back above Mondays Low and the move down was likely a stop run.
There is some inefficiency between current price and Daily Demand which
is also in confluence with Weekly Demand that has not been properly retested,
ofcourse, it doesn't have to.
Favouring a bounce from here, Back above Mondays low pivot marked as red box
would be my confirmation for more upside. High probability trade.
Regards,
The TRADRZ Team
OMGBTC Technical Analysis 100% Target Projection for Mid Term.You can see the Chart of OMGBTC on Daily Timeframe.
OMGBTC Following the falling wedge pattern right now
There is Last year Support Also at 0.000456 Satoshi
Right now We can see the 5 Resistance level and 1 Support Level.
1 Resistance level: 0.000575
2 Resistance level: 0.000694
3 Resistance level: 0.000780
4 Resistance level: 0.000846
5 Resistance level: 0.000914
1 Support Level: 0.000456
This All Resistance level is Mid Term.
Note: This is only for Educational Purpose this is not an Investment advice.
Please support the setup with your likes, comments and by following on Trading View.
Thanks
Adil Khan
$OMG / $BTC trying to find a base, one for a patient.$OMG / $BTC trying to find a base, one for a patient.
OMISEGO Scoring
Overall Score: 80.45%
Open communication channels: 100%
Team strength: 36%
Product strength: 85%
Coin strength: 95%
Business/Company strength: 70%
Brand awareness/Buzz: 100%
Advisory board strength: 50%
Activity on social media: 55%
Quick Research
Purpose: Focuses on user friendliness, mainstream digital wallets, real-time, peer-to-peer value exchange, fiat money and decentralized currencies, enables financial inclusion and disrupt existing institutions, access will be made available to everyone via the OmiseGO network, White label Wallet,Trustless transactions between parties, Freedom of payments, Counterfeiting impossible, Fraud resistant, No single point of failure, No % based transfer costs
Product Status: Fully working product
Consensus Method: Proof of work
Emission rate: No new tokens created
TXN'p/s: 2500
Abstract:
OmiseGO is building a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. OmiseGO is not owned by any single one party. Instead, it is an open distributed network of validators which enforce behavior of all participants. It uses the mechanism of a protocol token to create a proof-of-stake blockchain to enable enforcement of market activity amongst participants. This high-performant distributed network enforces exchange across asset classes, from fiat-backed issuers to fully decentralized blockchain tokens (ERC-20 style and native cryptocurrencies). Unlike nearly all other decentralized exchange platforms, this allows for decentralized exchange of other blockchains and between multiple blockchains directly without a trusted gateway token. Markets may be able to signifi- cantly reduce spreads and encourage market assurance via decentralizing custody and increased transparency of market activity. This is achieved using smart contracts, protocol tokens enforcing correct market behavior of orderbook matching, a new construction of Ethereum bonded external enforcement of clearinghouse activity, and commitments to historical exchange data for use with Ethereum smart contracts.
Investment data
Listed on 29 exchanges
CoinMarketCap Rank: 20
Market Cap: $916 M
24H Volume: $22 M
Coin Age: 11 months
OmiseGO Bull Trend Has Started According to Tom Demark CountOmiseGO closed a green 2 candle on the daily chart which is a clear buy signal according to Tom Demark count. Stoch RSI has room to go up. I expect the price to move upwards up to 7 days.
Here is my trading idea:
Buy: 521 - 530
Sell targets: 536 - 550 - 567 - 607 - 666
Stop loss: 498
ICXBTC LONG. DEMAND RETEST. LIKELY UPSIDE FROM HERE.Demand level retests are high probability trades when the timeframes are in confluence.
Tight invalidation levels offer higher risk to reward, minimizing risk.
Stop loss below level of H1 demand (red box)ù
Good luck good trading from the TRADRZ team.