$OMG trading opportunity 35% profitsEntry 147-150k. Short term targets are 160k, 175k and 200k. Stop-loss 143k.
OMGBTC
$OMG possible scenario$OMG felt from the uptrend channel. Mixed signals on 4hr and 1D RSI. Will probably find its support around 210k-215k.
OMG - Add it to your portfolio before it's too late.In my humble opinion, OMG is one of the best blockchain projects with solid team and fanbase. Check it out and add it to your long term portfolio.
Recently it looks like OMG is breaking out of falling wedge, and might be done correcting first leg. To be honest, it is last times you will see OMG under $10.
This forecast is pretty ballsy, but it is something that will happen in a matter of time. Cycle might be even faster then i'm anticipating.
OMG 4H Falling Wedge (22.10.2017)Any break above the resistance line could prove to be a bull run. Otherwise, put buys near the bottom of the support line.
OMG-4hourI"ve been watching OMG for the past month and a half. It has been heading towards the C mark of the Elliott wave.
I marked the buy areas inside the target. I, personally am going all the way with OMG.
I expect OMG to reach my support trendline.
OMGUSDOMGUSD moving in Falling Wedge and Triangle.
Prefer trading on breakouts support (short) or resistance (for long).
OMGBTC: capitulationThe strength in BTC forced a deeper correction in OmiseGo.
This is my current primary view.
The wave C can go quite deep and it is best to wait for some signs that the market is finding support, before buying.
Some divergence is forming in the MACD, which is a good sign, but expect price to go down further. At least to where A = C.
We will see how price reacts in the white box.
OmiseGo - Curve trading. This looks pretty crazy, OmiseGo has been awaiting a breakout for a while now, we may see a short-term decrease once again (Due to Bitcoin), however, once money comes back into the alt-coin market we should see a rally upwards.
Trade the lines accordingly.
$OMG OmiseGo LONG now or down to abyssOMGBTC is under major trend line and way under priced
This descended triangle should be a super bullish or else we go to abyss
Remark. I am just an artist drawing thing, not a trader.
Please do not take any advice.
Tripple M bullish trendAre we seeing a tripple m reversal towards a general bullish trend? Climbing up to second support line before doing another M.
OMG to bounce at support then breakout of descending triangleDrew this graph before for my twitter followers where I told them to watch the break here (up or down) and it broken down but stated to people that is a strong accumulation zone at the next support.
Over time omg continually gets picked up at this point , dont miss out and follow me on twitter !!
OMG Pair AnalysisOMG is still in Downtrend and waiting to breakout.
OMGUSD
1) First wave from ATH to 0.5fibo. Support 6.4
2) Second wave from 11.51 to 0.618fibo
support 6.98
Predict : Third wave from 9.63 to 0.786fibo Support 7.0
LONG buy in position 7.0-7.2
Stop loss 5.6 (20%)
Target : 10.5 -11.50 ( short term) 60%gain , 16.5-17.5 ( long term) 150%gain.
If it drops before 7.0, next huge support 6.0 which is unlikely to happen.
OMGBTC pair
Support fibo0.382 Price 0.0132
Support line Price 0.00121-0.00124
Stop loss : below 0.00120
Target Back to Mean 0.0025-0.00259
Welcome to follow.
OMG BTC - possible bottom?Currently OMG took support against BTC at a very critical horizontal line. RSI is entering oversold region with lots of room for OMG to catch up.
RR of 6:1 worth a shot, buy, sell & Stoploss on chart.
Happy trading :)
OmisegoPrevious post about OMGBTC failed, but if you were to put the SL below the low, you would be still in the trade. Looking at OMGBTC now, it is holding great support and showing divergence at this level. This a good sign for OMGBTC to become bullish soon. What are your thoughts?
Trade with care.
OMGBTC: close to a bottom?OmiseGo may be close to a bottom.
We have already retraced to the .618 of the first impulse.
On the lower timeframe a triangle seems to be forming, which is an indication that the next drop may be the final drop. The market seems to really want to hit the 1.618 extension of the A wave.
Triangles most commonly form in the wave 4 position, prior to the final drop in the wave 5. Sadly, there is no way to know that wave 5 is the final drop in the C wave.
In any case I am long-term bullish on OmiseGo as it exhibited a very clear impulsive structure since its ICO. Therefore I see this correction as an opportunity to accumulate more OmiseGo.
Bullish Flag or Falling Wedge?: Catching Structural Wave 3OmiseGO looks to be forming two bullish structures on the 4HR data, although a possible completion of the crown reversal is still possible. We seem to be in a downtrend channel, so buying is countercyclical until we see a puncture of the descending channel. Breaching the bottom of the flag could create the conditions necessary for a falling wedge reversal, with similar TP levels. Breaking the newly created trendline could be an early warning signal for further downward pressure.
The bullish flag sets us with a MIN TP of $14.40, MID TP of $18.14, and a MAX TP of $20.58
The crown reversal could push price as low as $4.59.
Key levels to watch to the downside:
- Trading range support at $6.93
- A breach of the flag to the downside could unlock the falling wedge pattern, with institutional buying or selling at $6.49 (fundamentals and market conditions support buying at the moment).
- Major key fibo support at $5.43
Key levels to watch to the upside:
- Key fibo resistance at $9.26
- Fibo resistance sell zone between $10.96 to $12.16
- All-time high at $13.70
This is literally a minefield so trade with care and take you time…GLWT. As always, I'll be updating this thread and posting trades.
-Erik
Gartley bullish parttern on OMGA nice Gartley bullish pattern appeared on OMG/BTC
Main target is over 260k
You can take some profit on 210k
Note: Trade at your own risk, this is an especulation.
OMG/BTC.Price brokeout strong ressit which become S-support
and now consolidating in bullish traingle
Good opportunity to Long position with strong
supports areas: 0.618 F lvl + "supply"; S-support+0.786 F lvl
OMGBTC TA for the DayHere are my thoughts on OMG as of today. We are looking for a small retrace from the 38%. It recently found it's new bottom and has tested the 38% fib a couple of times. After this next minor retrace down, we should see it come test 38 and break through making it's next movements to the next resistance.
OMG Falling Wedge Breakout - Possible New ATHsOMG breaking out of falling wedge & overall ALT market decline.
#1 on Bittrex right now with 25% more volume than the next runner-up (NEO).
Lots of hype behind this coin.
If it's able to break past resistance and the fib level around 214-216k and find support about the 21d and 50d MAs, it is likely to set ATHs.
Good luck all!
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OmiseGOOMGBTC look like falling wedge -reversal pattern. Touched 38.2% level fibonacci. But i think it will be go to the 50% level fibonacci
OMGBTC - Short term trade available Very simple and plain trade, with clear target and stop loss available.
BUY at current levels with averaging upto 0.00180.
Targets should be 0.002, 0.0021, 0.0023, 0.00243 and possibly 0.00265
Stoploss just below the red horizontal line around 0.00165 area
Happy trading :)
