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OMGBTC

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.
BITFINEX:OMGUSDShort
by norok
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
Bullish pattern holding - next resistance levels to watch for*DISCLAIMER: I am not a financial advisor and this is not financial advice as these are purely my opinions and speculations. You should always do your own due diligence before trading or investing. *Follow me for the latest cryptocurrency analyses on my watchlist *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too.
OLong
by CryptoRush_
Omisego - Short Term Sell Stop.OmiseGO - Short Term - We look to Sell a break of 3.488 (stop at 3.652) Posted a bearish Flag formation. A break of 3.500 is needed to confirm the outlook. A break of yesterdays low would confirm bearish momentum. The bias is to break to the downside. We look to sell rallies. Expect trading to remain mixed and volatile. Our profit targets will be 3.028 and 2.961 Resistance: 3.650 / 3.820 / 4.000 Support: 3.500 / 3.250 / 3.000 Signal Centre
OShort
by Signal_Centre1
2
Watch the reaction to this IMPORTANT support The current situation: 1. A descending triangle pattern is now more apparent with 53% chance of breaking upwards and the measured target is about 4.45 USD from the apex. But still, note that there is still a head and shoulders formation within the triangle, which is a predominantly bearish pattern. So far, the Fib level (gold line), 4 and 6HR 200MA have been acting as support but it was not strong enough to propel a break out to a new high. The 4HR 21MA is now approaching to the price action so in my opinion, the reaction to this moving average hitting the price action is very important since staying above the 21MA on a given timeframe is a bullish sign. The 4HR 21MA has also not been touched since the breakout back at 3.1 USD. 2. Do look out for possible bearish divergence from the last high created on the RSI, especially on the 1, 4 and 6HR harts as their last highs did create an overbought reading on the RSI. The bullish case: price action bounces off the 21MA and breaks the triangle. An hourly close above 4.25USD would convincingly invalidate the head and shoulders pattern to me. The bearish case: a close below the 21MA on the 4HR chart as the next level of support would be the downward-sloping 4HR 200MA currently at 3.75USD *Thank you to those who donated, I very much appreciate it. *Let me know in the comment section if you agree or disagree, would love to hear your ideas too. *These are purely my speculations and not financial advice. You should always do your own due diligence before trading or investing.
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by CryptoRush_
7
OMGBTC is moving up after completion of bullish reversal moveHey friends hope you are well and welcome the new update on OMG token. The price action has broken out the down channel. The volume profile was already showing low interest of traders in channel. The POC of volume profile is at 0.00055 btc. Sofar the volume indicators is showing buying volume with continuity. During dump, the priceline broke down 25 and 50 SMAs and now getting bounced from 100 SMA. The next resistance is at 0.00056 btc. This resistance is almost at the same level where we have the POC of volume profile. The price action has formed a Gartley move on daily chart. This move I have already shown in my previous article as well. Now priceline is moving up. The targets as per bullish Gartley can be as below: Sell between: 0.00074126 to 0.00124667 btc On long term 2 weeks chart the priceline has also formed a bullish Shark on monthly chart. The targets as per bullish Shark can be as below: Sell between: 0.001079 to 0.001977 Conclusion: Even though the priceline is turning bullish from the PRZ level of the bullish Gartley on the daily chart. However, we should use the potential reversal zone of this pattern as stop loss. Because if the priceline will break down the this level then price action can move more down to complete bullish Butterfly move.
OLong
by moon333
3