The title says it all. OMGBTC is extending the parabolic rise it started in May, this time on an even more aggressive manner as just in August alone it has gained +500%!
It has even broken above the multi-year bearish trend-line of Lower Highs and the 1D RSI is on an Ascending Triangle.
Typically it is very difficult catching such aggressive rises, the MA50...
OMG/BTC is in a bullish trend with the recent news from china. I think you should take a look. Omg is bullish on the daily chart but the trend is bearish on the 15 min chart. Good entry point for a long position.
omg looking good against the market mover. a test of 22000 satoshis is expected. if we can r flip s that level than i expect another move up to around 29000 satoshis. this will move hard just like ada and tezos and link.
After a false breakdown of the triangle, the price moved according to option 2 - trading in the channel.
OMG / BTC Operation in the horizontal accumulation channel in increments of 30%.
Pivot points breakthrough / retention of important support / resistance levels on which further movement I will depend on the chart.
I also showed various options for...
I have been following this coin for a couple of weeks now. The weekly chart shows it is very bullish, and the daily chart shows it has broken out from the triple bottom pattern as well.
Do you agree?
OMG Ascending Triangle. Earnings with different price movements.
Rising triangles mostly work up. Perhaps this upward triangle will become a reversal pattern of a downtrend. A break of the triangle up and working it out to the widest part + 21% will mean a break of the channel. Just at a height of + 21% is the first resistance. If this happens and the price...
Looks like there was a massive volume spike out of nowhere and with no relavent shift in momentum when it occured. It was out of the blue which to me seemed a little strange at the time until I got an email this morning stating that OMG would be added to Kracken... Then I remembered.... Nothing happens by accident... May keep running but Im not going to chase it....
