Time for OmiseGO - Wallet SDK Hype - Breaking Ascending TriangleI see OMG forming a small ascending triangle at 8.5 top.
The Wallet SDK hype will push the OMG to break out to test the next resistance.
If the resistance at 9.6 can't be broken, the Elliot Waves have to be redrawn.
It is unlikely that triangle top can't be broken.
OMGUSD
OMG-USDTTHIS is the main point for OMG if it is passed from above line it can raised and else it can dump again. follow the chart
OMGUSD appears to be in consolidation no cleat direction yet. OMGUSD broke out to the upside from long term wedge pattern. 1st resistance 49% and 2nd resistance 73% gains are expected. Momentum appears to be absent with more consolidation ahead. Stay at sidelines until a clear direction is evident for a trade up or down.
OMG 1H inv H&S?We have now possibility of inv H&S. Good pattern for break out and reversal of a current correction.
OMG 132% PROFIT!!! WATCH FOR THE TOUCH TO THE SUPPORT LINE!In case you missed IOTA, EOS, XMR AND ETH Rockets, OMG is calling you this time... A rocket is being prepared to make it's one last touch to it's support line!
OMISEGO, long opportunitySTOP-LOSS : 7.50$
Take-Profit1: 8.75$
Take-Profit2: 9.20$
Take - Profit3: 10$ // Long term
Good luck folks
OMG/USDT ready to rise!OMG looks like it is breaking out of a symmetrical triangle. If this will happen, the price will go up very fast, like it usually happens with symmetrical triangles, probably to 8$ in the short term. MACD also looks to be turning bullish, and the RSI is showing signs of consolidation (it is making lower lows as the market price makes lower lows). This is an indication that the move is gaining momentum and therefore the break should effectively continue.
Any comment is appreciated.
consolidation before breaking triangleI see massive bying orders by market price last days.
Next day we'll see breaking from triangle
Buy now, take profit at 9.6 or higher level, stop loss @7.6
good luck!
OMGUSD IdeaI am a fan of this coin (most of the trades I do are for coins I like) and it looks to me like an ascending triangle so why not get on board? Risk to reward is great!
OMG #OmiseGo is Ready for Next Wave!I see OMG is forming Ascending Triangle.
It looks like OMG is ready for next wave
I expect it to push to next resistance at 9.2 or going to 10.
Target 1: 9.2
Target 2: 9.9
Stop Loss: 7.55
I draw graph for fun..
OMG forming a nice bullish patternOMGUSD 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 wait and enter position closer to the trendine and set your SL just under trendline.
OMG: More Buying OpportunityOmisego have been quite low for so long. It is only a matter of time this fellow makes a comeback. I think leading up to 2018 we will see Omisego make headline again. Price is starting to find a great support zone and if it can continue holding, this trade will be a success. What are your thoughts?
omg is in a bad trendomg is on downtrend, and is supposed to bleed upto 7.4 - 7.5, watchout for trend reversal and breakout, set conditional buy order at 8.11 usd, and buy order at 7.4-7.5
OMGUSD - watching the breakout of bullish flagThere will be an announcement from Omisego in December, let's see if this bull flag can breakout upwards and reach profit target of 17-18.
OmiseGo Bullish Symmetrical TriangleThis is a classical Symmetrical Triangle that's forming.
RSI and MACD are indicating that the price is going to decrease and fulfill the second correction leg for this pattern before further upward movement is confirmed.
Remember that The Symmetrical Triangle is known from it's explosiveness. After it breaks it will do it rapidly.
Having knowledge of this helps us to set buy targets and stop losses early.
I'll keep you updated what will happen.
Trading information:
Buy: 7.9 level
Partial Profit: around 10 level
Longer Term Profit Levels: 13 & 14 levels
Stop-loss: 6.5 level
Note this is a long term trade!
Things to remember:
-> To trade safely we need to use stop losses in case something goes wrong.
-> Note this is a long term trade! Requires patience and flexibility to adjust the sails of the market movement.
-> Always be aware of things, trends and events what's happening around the current crypto you are trading. They may have big impact on the price movement!
Be Careful While Trading!
Any questions or need help? Feel free to leave comments and feedback!
Yarr!
OMGUSD Long According to Fibonacci Retracement and Trend BasedOMGUSD Long According to Fibonacci Retracement and Trend Based tool.
Entry: right now
Target 1: at 100% level
Target 2: at 161$ level
OMG on the path of Bullishness: Falling Wedge Pattern BreakoutFalling Wedge Pattern Breakout
-Look for Resistances (yellow, orange, red lines) on the path of Bullish OMG for potential Targets TP1, TP2, TP3
Omg uptrend continuation!Waiting for next move. I hope we gonna break next fibo lvls in few days. Target: fibo(0.5) 9.57$ or even more - fibo(0.618) 10.5$.
