Potential Bullish Entry Dow Theory In Place -
Higher High and Higher Low Expected in Place
Formation of DOUBLE bottom coupled with bullish divergence (Bullish reversal pattern)
SL & TP Levels are defined.
#OMGUSDT
Time 4 hours of positive data divergence
And I think the 1-hour timeframe is currently falling/short and reaching extremely strong support in the price range of $0.955 and then it can rise.
What do you think?
#OMG looks good for buying on consolidation breakdown, with targets 1.75-1.94-2.12. Good risk-to-return ratio.
Stop 1 at 1.37 (setup cancellation)
Stop 2 at 1.2 (trend cancellation)
Support for the author subscription ✅ and rocket start 🚀.
Good luck and profit to all.
OMG showing an important pattern of a breakout, coming time can be important.
We will follow the trend to see if it's able to break out since this volume zone.
Checking the trend for confirmations since it can become a whale support zone where its ability to breakout.
Hello everyone! Let's take a look at the OMG cryptocurrency and its prospects for the near future.
For over a year, the asset was in a global correction. In December 2022, a reversal movement of the asset began, with a subsequent increase in price and a breakthrough of the descending trend line at around $1.25.
Currently, the asset is in a local phase of...
Hi dear friends, hope you are well and welcome to the new update on OMG Network (OMG) token.
Recently we caught more than 68% pump as below:
Now on a daily time frame, OMG has formed a bullish Butterfly move for another price reversal.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't...
Hi Traders, Investors and Speculators of the Charts 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.
OMGUSDT is looking extremely bullish after a period of consolidation. The last time after OMGUSDT consolidated around the support zone...
OMG Network (OMG) technical analysis:
Trade setup : Price broke above $2.00-$2.10 resistance zone with massive volumes and reached $2.50 resistance, the highest level since Sep 2022. Pullback near $1.50 support could be a swing entry with $2.00-$2.50 upside potential. Wait for Momentum to inflect bullish again (MACD Histogram rising) to indicate that price has...
The price is at weekly and daily support. It is a good spot for the long side position. The support range is a bit wide so the entry can be adjusted accordingly. Difference resistances have been marked on its way up for the price. The first target would be 1.8 area.
