So I'm really new to Elliot Wave, but I enjoy the theory as a basic concept of human behavior. The first 5 waves of OMG seem relatively clear and straight forward. I have more trouble with the correction waves as there seem to be more variations. If anyone out there can assist, would really helpful. Also, interested in a projection on breakout out of the...
OMGBTC seems to be in a predicament now. There's no buying pressure that will push the price above the downtrend slope. If it breaks above it, then we can retest the all time high. If not, we could go back to support around 150000. Looking at market depth, selling side is a little thicker than the buy side. I don't see a good signal to enter yet. Probably when it...
OMG setting up for a glorious 3rd pump. Chart looks healthy. 3 target zones clearly marked. Be sure to take profit in Zone 1, as BTC is king right now, and there are no moonshot guarantees, no matter how promising the coin. The more risk averse may wish to wait for confirmed break out before entering. Those comfortable with more risk exposure will likely opt...
Wait till breakout to determine the correct course of action, GL
Bullish pennant forming on the one hour chart. If it breaks resistance we should see a nice bull run up! Happy holding fam
**Making the third pump before we see major retracements **Strong bullish movement buyers are in control **Lots of hype around this coin **Ascending support + about to breakout of descending resistance **Healthy VOL More great videos to come! This is part of my youtube channel's series "From start to finish TA" please checkout the video on youtube...
seems like it broke resistance and has a chance of hitting first resistance level if it breaks out it will probably hit the second resistance level
MACD hitting a low cross indicating trend reversal? Potential Buy Point if we can get above the top line, If it breaks down we can see significant drop as the Fib Retracement levels indicate support
Well it's happening already, looks like a strong bull tonight, in case BTC stays stable. Happy trades! Target 1: 0.00200000
Just tracing the behaviour of previous UPs and DOWNs, line support and that seems is uprising now again
I don't believe we are even close to the target of OMG. RSI looks to be crossing across the board is following the elliot pretty good. I will keep an close eye on this but it's not looking to fall down anytime soon. If you are not in yet, Wait until it hits trend line and go in there. Set tight stop / loss, if trend breaks i think it will be fast down.
OMG is on the move again. See the chart for targets. If you buy now, it's gonna be risky so always be cautious when trading OMG as of now.
OMG USD has been witnessing unreal gains. It has recently went from $1.41 to $7.50 in a matter of days. However, price seems to be consolidating over past couple of days, creating multiple patterns. In the long term trend channel, we see a rising wedge formation, with a definitive bearish divergence forming in Relative Strength Index. In most recent...
Hey everybody, there's less volume on the head than on the left shoulder. And there's a divergence also. So IMO it will follow this road... Thank you, Cryptoz
OMG had a lot of people thinking "OMG - I'm gonna be rich!" but now that we've completed Wave 5, we're going to have "OMG - why is it not going any higher?" It is possible it goes higher of course - and for those that are LONG I wish you luck! However, I do I feel that this coin is thinking "OMG - i'm exhasted!" Possible retracement targets are indicated with...
OMG has just broken out of it's current consolidation and seems to be a continuation of it's previous trend. It has broken out above the 100MA, and the volume oscillator shows big volume, RSI peaking on hourly charts. We should see a slight retrace, but overall pattern looks bullish.