Still Bullish about OmiseGO?RSI on 3 hour chart is on its half way from an oversold area. On 6 hour chart there is only a beggining of the changed direction. This is a very high game with strong temptation to get in. We need to realize that market was pushing full speed ahead for the last few days and yesterday we started to see first signs of exhaustion .
If you managed to stay out yesterday give it at least one more day till the momentum of the previous growth will disappear. If we hit the 6.00 area I would enter the market after a strong confirmation of changing the dirrection. Watch stochastic RSI closely. 3 hour chart could help together with high volume and a few decisive green canles on 5 - 10 min chart.
Use your Risk - Reward management rules and tools. It is very easy to lose money in this type of conditions.
Thank you for watching. Don't be shy to give me a feedback. Greatly appreaciated.
Good luck and peace!
Omisego
OMGBTC one more chance upOMG 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 breakout pattern - highest high brokenOMG 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.
OMGBTC new all time highSo we broke past the all time high and is creating a new one. Now, we're looking to reach the Take Profit target as indicated in the chart above. After this wave, OMG's price could most likely settle above in the new area near the TP zone.
OmiseGO Trading Idea - Waiting For The clear SignalJust waiting how the market correction will affect OMG.
Higher Trend line is decisive at the moment.
After a bull run we can expect correction to the Fib levels. Possible bearish wedge.
Any idea how to trade? Please share.
Thank you for watching. Good luck and peace!
OMISE GO $OMG early cup and handle Bitcoin isn't the only cup and handle out there.
This recent ICO OmiseGO promises to decentralize an exchange. They seem to be further along in the company creation cycle due to the fact they already play a role in the Asian Fintech space with several large clients with their payment processing house. Vitalik wants this one to work as you see his computer has the OMG sticker. He also sits on the OMG board with a list other top notch scientists.
OMG!!!Pun intended. Haha.
OMGUSD seems to form a double bottom. Still, its price movement is dependent on BTCUSD.
See my analysis on BTCUSD to know the price movement.
Well, that looks good to me.OmiseGo looks pretty good. You can still buy it cuz it's cheap. Once it breaks red resistance line it's unstoppable. If it leaves the trendline maybe wait a while. But the Trend is new an it looks like a very long trend. If you have some OMG then HODL!!
