Possible breakout trade here on the OMGUSD markets. Buy zone up to $20 for this one should it develop into an nice little bull run. Feel free to discuss this trade idea with us .
art shows how BTC's bleed dragged OMG coin down with it. OMG is currently trying to hold support level at 140,000. That support has already been broken and fib retracement (not shown in chart so as not to clutter) suggests next support level at 130,000. Hence it would be wise to place some orders between those levels. Once BTC recovers, a reversal is expected...
OMG has formed another cup formation. I published a chart on Dec. 31st showing that OMG had formed a nice cup shape. OMG went on the form a Cup and Handle formation which it broke out of on Jan. 7th. IMO OMG will break out eventually, it could be soon or OMG may continue sideways to form a handle.
OMG looks like it may be breaking out of the Cup and Handle formation it has been forming. We shall see if this is a real breakout or just a false breakout.
Vitalik Buterin tweeted somewhere around mid-December of 2017 that his favorite token. OmiseGO Blockchain comprises a decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway. It is a scalable and totally public (permissionless) blockchain whose Proof-of-Stake consensus is bonded by the activities...
OMG has formed a Cup and Handle and may be setting up for a breakout at any time.
OMG looks to be setting up for a possible breakout to new all-time highs. OMG has formed a nice cup formation and could be in the early stages of forming a Cup and Handle formation. I am looking to add to my position (which I should have done yesterday) so now I will add on any meaningful pullback.
This market seems to work like a round about. Each new cycle of Bitcoin sends some alts flying up faster than others. I think Gen 3 has gotten some serious pump. However, OmiseGo is has recovered quite nicely since its last pump. This vixen of a crypto seems ready to go at any minute and will be drawing former devotees back to invest once again. There are cycles...
OmiseGo looks to be breaking a key resistance level anytime soon. From this, we may see a medium-term increase to the $20 Mark where will we see some resistance and consolidation before another movement upwards. This is quite a big move for the cryptocurrency, however, the market has been growing at an exponential rate as more Media outlets are consistently...
In my opinion, OMG looks like it is setting up for a breakout and possibly a test of the all-time high.
OmiseGo signaling a potential uptrend which should approximately be 20-40% if we bounced back from the support that we are currently at. MACD also indicates an upcoming uptrend. Orange - Resistance. Pink - Support. As always trade the lines accordingly.
Looks like OMG is finding support and has been in consolidation for quite some time. There has been some accumulations of large amounts of OMG as shown in the volume. Entry at .00081-.00076 Stop Loss: Pay attention to the last support levels at .00065 and .00060, I am doubting we will reach this point. Some very big potential gains here for OMG, any news will...
STOP-LOSS : 7.50$ Take-Profit1: 8.75$ Take-Profit2: 9.20$ Take - Profit3: 10$ // Long term Good luck folks
OMGUSD made a reversal from bearish pattern - descending triangle. This is a one of the most common patterns on the market. We saw that on couple of coins lately - last one on IOTA which increased almost 3x in value. OMG managed to bounce up from the support line and its now forming a bullish pattern. If the trendline holds, $10 is reachable from here. You can...
Hi Seildev here Today we have OMGBTC on the radar. We have our buyzone around 0.001125 Target @ 0.00134 As always trade with a plan and safe trading
Trade is long after we break the resistance in the wedge.