OMG breaking out again?OMG Network seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 10.58 and even higher.
ENTRY : local high @ 9.845
SL : local low @ 9.52
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 10.58
RRR : 2.3
INVALIDATION : when SL level hit
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
OMGUSDT.P trade ideas
OMG Heads and shoulders patternOMG is under 8 dollars soon... Keep an eye on BTC movements as it can invalidate the analysis.
OMGUSDT Only bullish chart in cryptoOMG holders will be rewarded finally. boba airdrop coming. Roll Ups are here. L2 scaling.
OMG, Respects Gann analysis even with BTC dumpOMG, Respects Gann analysis even with BTC dump
the chart shows two scenarios with time line dump or jump
all lines are resistance / Support
the price stand exactly on the lines, predictable if price breaks the trend
i think this will hit the roof for many reasons one of them, the developers set a total limited supply of just 140,245 million OMG coins, 102 million on the market now . This decision ensures that OMG retains value over the coming years
OMISEGO / TETHERUSOMG Price Live Data
The live OMG Network price today is $8.53 USD with a 24-hour trading volume of $1,676,957,799 USD. We update our OMG to USD price in real-time. OMG Network is down -8.12% in the last 24 hours. The current CoinMarketCap ranking is #81, with a live market cap of $1,196,545,879 USD. It has a circulating supply of 140,245,398 OMG coins and a max. supply of 140,245,399 OMG coins.
If you would like to know where to buy OMG Network, the top exchanges for trading in OMG Network are currently Binance, Mandala Exchange, Huobi Global, OKEx, and FTX. You can find others listed on our crypto exchanges page.
What Is OMG Network (OMG)?
OMG Network, formerly known as OmiseGo, is a non-custodial, layer-2 scaling solution built for the Ethereum blockchain. As an Ethereum scaling solution, OMG Network is designed to allow users to transfer ETH and ERC20 tokens significantly faster and cheaper than when transacting directly on the Ethereum network.
The network is based on a novel scaling solution called MoreViable Plasma, which uses a sidechain architecture to group several transactions off-chain into a batch, which can then be verified as a single transaction on the Ethereum root chain. According to OMG Network, this technology has the potential to scale Ethereum to thousands of transactions per second (TPS) — instead of the 10 to 14 tps Ethereum 1.0 is currently capable of.
The network is powered by the OMG utility token, which can be used as one of the payment methods for fees on the OMG Network, and will eventually be stakable — helping to secure the network in return for rewards.
#OMG
Entry/ 8.5_8.6
Objectives/
9
10
10.5
11.3
12.3
14
15.18
stop loss/8
OMG Network (OMGUSDT) Set For Bullish Explosion Up To 240%OMGUSDT has managed to stay above MA200 and is now in a bullish consolidation phase... The next move can push its price straight up as we saw with XTZUSDT (check related ideas below).
In the chart above, I've marked multiple targets based on Fibonacci proportions as well as support levels based on the Exponential Moving Average indicator.
Most altcoins are displaying bullish charts and we are seeing strong follow up.
NOTE: If prices drop, we remain bullish above EMA500 or $4.338. Below this level the bears get the upper hand.
Any trading above this level and this chart remains bullish.
This is not financial advice.
Namaste.
OMG/USDT (Interval 4H) Ascending TriangleOMG is consolidating within an ascending triangle and I have mapped its possible breakout.
OMG triangle breakoutOMG Network seems to be ready to break up this triangle 📐 and if successful I think there is chance for run to 10.7 and even higher. Great RRR. OMG , here it comes!💰
ENTRY : local high @ 8.823
SL : local low @ 8.525
TARGET : height of the triangle projected from midpoint of the local range (BUY STOP-LIMIT - SL) @ 10.7
RRR : 6.3
INVALIDATION : when SL level hit
Please like👍, comment🗣️, follow me✒️, enjoy📺!
⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
OMG To 14$? Break Out trade Hello traders , as you can see we are forming this shape on most of the coins and like 99% of them are breaking to the upside so I think OMG will also do a breakout. Make your entries according to your plan and zoom in tho the chart to see where I’ll enter and exit. Good luck.
OMGUSDT, 4HOMGUSDT, 4H, RSI(4H) is under 50 and we are in the triangle so we can possibly see a continuation of correction to (8.00-8.20) zone, after that its ready for breaking the triangle and move up.
Targets after correction:
1) 9.25
2) 9.85
3) 10.00
SadraNafari.
OMGUSDTLook at the chart
i guess OMG lost 8.6 support
so bears going 2 push it down one more time
what you think ?
7$ is enough ?
share your vision and leave a comment
OMG.USDT (Y21.P6.E1).POTENTIAL Shorting Hi All,
Looking at the recent structure formed and the supporting TL, its easy to see this drop once this level and TL is compremised.
All the best,
S.SAri
Ready to moonshot! (STRONG BUY)OMG! this looks good! check also ALGO, SOL, FMT all doing the same movement. I'm specting these kind of movements on the top 20 cryptos but slower. Let's gooo!
OMGUSDTFollowing symmetrical triangle, stochastic RSI for a day trade.
OMGUSDT 10X Leverage
SL:8.10
Entry:7.60
TP1:7.10
TP2:6.50
OMG can do this For us. InShallahIf Bitcoin remain Stable. Then OMG soon can give us Way to Trade. InShaAllah
OMGUSDT analysisEngineering Robo is bullish , as long as the candle is above the support line, nothing to worry about. Enjoy your profit.
OMG, people go long, but I short. - New algorithmCurrently the market is unstable.
It's bullish at the moment, but there are some coins - such as BTC - which show a certain degree of resistance.
That resistance can either mean that they will EXPLODE in a super bull run, or that they are acting as brakes.
Given that in such a volatile context our sweet OMG has flown to +30% overnight, we should make sure to open a short position and prepare for a potential bearish return wave.
In case the short position is blown off and the other big players show a bullish movement, we'll just take a small loss and ride the bullish wave to interesting heights.
I am currently looking for an entry point after a small sculpting session from 9.9 to 9.5, in order to short and leave it there for a while.
Afterwards I'll be using 3x leverage to open a short position with 25% of the capital I am comfortable with holding there.
BE WARY: this is not a long time investment strategy. I am testing this algorithm in day trading sessions and so this suggestion holds, but for the medium-long term, this coin's prospects look green to me.
I'll update as soon as the situation changes: leave a comment if you found this information useful, and I'll post more.
50% profit in just 5 days 🤑🚀50% profit in just 5 days 🤑 I shared OMG analysis on Sep 1 and reached all the targets on Sep 6. Follow me to see more analysis