OMG
OMGUSDT - Key levels to help identify local tops and bottoms1. The red trendline has acted as resistance since Nov 2018. It has successfully identified local tops since.
2. Each of the last few pumps have been 600% +. Can it do it again in 2022?
3. The yellow line represents the 0.1 Fib level of the previous wave, it is where OMG has found support post each consolidation.
4. The green trend line has acted as support since mid 2020 and has successfully identified local bottom post each consolidation. A level of max opportunity!
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May 22 omgg........ wtf.......!Consider the point of buying , a huge lottery for those who failed to buy the doge at the beginning......... It deviates so much from the ema 50, trend line, volume has decreased to the min ion the day time frame , struggling at the 1.68fb level. ready to buy when it drops ( note : applicable when only it does not cross the 1.68 fb level)
💡 Don't miss the great buy opportunity in OmiseGO/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000096). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. OmiseGO/Bitcoin OMGBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 0.000120
TP2= @ 0.000138
TP3= @ 0.000160
TP4= @ 0.000181
TP5= @ 0.000208
TP6= @ 0.000250
SL= Break below S2
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💡Don't miss the great buy opportunity in OMGBTCTrading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.000082).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. Omisego/Bitcoin is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 59.
Take Profits:
TP1= @ 0.000102
TP2= @ 0.000118
TP3= @ 0.000134
TP4= @ 0.000154
TP5= @ 0.000181
TP6= @ 0.000240
SL= Break below S2
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💡 Don't miss the great buy opportunity in OmiseGO/BitcoinTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000082). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. OmiseGO/Bitcoin OMGBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 58.
Take Profits:
TP1= @ 0.0001040
TP2= @ 0.0001240
TP3= @ 0.0001460
TP4= @ 0.0001810
TP5= @ 0.0002400
SL= Break below S2
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💡Don't miss the great buy opportunity in OMGBTC Trading suggestion:
". There is a possibility of temporary retracement to suggested support line (0.0000888).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. OMGBTC is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 72.
Take Profits:
TP1= @ 0.0000945
TP2= @ 0.0000983
TP3= @ 0.0001028
TP4= @ 0.0001064
TP5= @ 0.0001136
SL= Break below S2
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2 Buy opportunity in OMGBTC , Mid-Term & Short-Term Mid-Term Forecast:
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000304). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. OMGBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 56.
Take Profits:
TP1= @ 0.0004110
TP2= @ 0.0004990
TP3= @ 0.0006830
TP4= @ 0.0008870
TP5= @ 0.0011380
TP6= @ 0.0013875
TP7= @ 0.0017400
TP8= @ 0.0023195
SL= Break below 0.000243
-----------------------------------------------------------------------------------------------------------
Short-Term Forecast:
Trading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.000304). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. OMGBTC is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 60.
Take Profits:
TP1= @ 0.0004110
TP2= @ 0.0004450
TP3= @ 0.0004950
TP4= @ 0.0005630
TP5= @ 0.0006830
SL= Break below 0.000243
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Don't miss the great buy opportunity in OMGUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.5200). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. OMGUSD is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 65.
Take Profits:
TP1= @ 1.6000
TP2= @ 1.6350
TP3= @ 1.7600
TP4= @ 1.8500
TP5= @ 2.0200
SL= Break below S2
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Don't miss the great buy opportunity in OMGUSDTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (1.6065). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Technical analysis:
. OMGUSD is in a range bound and the beginning of uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 66.
Take Profits:
TP1= @ 1.7900
TP2= @ 2.0065
TP3= @ 2.2678
SL= Break below S2
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Please show your support back,
Hit the 👍 LIKE button,
Drop some feedback below in the comment!
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Now, It's your turn!
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Trade well, ❤️
ForecastCity English Support Team ❤️
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
There is a possibility for the beginning of an uptrend in OMGETHTechnical analysis:
. OMISEGO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 48.
. While the RSI and the price downtrend in the Daily chart are not broken, bearish wave in price would continue .
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.015300 to 0.013600). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.015300)
Ending of entry zone (0.013600)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.016550
TP2= @ 0.017700
TP3= @ 0.019340
TP4= @ 0.021610
TP5= @ 0.023870
TP6= @ 0.031190
TP7= Free
A trading opportunity to buy in OMGETHTechnical analysis:
. OMISEGO/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 67.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of the resumption of an uptrend is increased.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (0.013600 to 0.012000). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (0.013600)
Ending of entry zone (0.012000)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of the reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 0.015000
TP2= @ 0.016550
TP3= @ 0.017700
TP4= @ 0.019340
TP5= @ 0.021610
TP6= @ 0.023870
TP7= @ 0.031190
TP8= Free
There is a possibility for the beginning of an uptrend in OMGUSDTechnical analysis:
. OMISEGO/DOLLAR is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
Trading suggestion:
. There is a possibility of temporary retracement to suggested support zone (7.00 to 5.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (7.00)
Ending of entry zone (5.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 8.72
TP2= @ 9.60
TP3= @ 11.68
TP4= @ 14.90
TP5= @ 18.20
TP6= @ 20.09
TP7= @ 28.50
TP8= Free
There is possibility for the beginning of uptrend in OMGUSD Technical analysis:
. OMISEGO/DOLLAR is in a downtrend and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 41.
. The RSI downtrend & The price downtrend in the daily chart are broken, so the probability of resumption of uptrend is increased.
Trading suggestion:
. There is still a possibility of temporary retracement to suggested support zone (7.00 to 5.50). if so, traders can set orders based on Price Action and expect to reach short-term targets.
Beginning of entry zone (7.00)
Ending of entry zone (5.50)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and the special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 9.60
TP2= @ 12.50
TP3= @ 15.00
TP4= @ 18.20
TP5= @ 20.20
TP6= @ 28.50
TP7= Free
There is a possibility for the beginning of uptrend in OmiseGoTechnical analysis:
.OMISEGO/DOLLAR is in a Range Bound and Beginning of up trend is expected.
.The price is below the 21-Day WEMA which acts as a dynamic resistance.
.The RSI is at 38.
Trading suggestion:
There is a possibility of temporary retracement to suggested support zone (12.50 to 10.07). if so, traders can set orders based on Daily-Trading-Opportunities and expect to reach short-term targets.
.Beginning of entry zone (12.50)
.Ending of entry zone (10.07)
Entry signal:
Signal to enter the market occurs when the price comes to "Buy zone" then forms one of the reversal patterns, whether "Bullish Engulfing" , "Hammer" or "Valley" , in other words,
NO entry signal when the price comes to the zone BUT after any of reversal patterns is formed in the zone.
To learn more about "Entry signal" and special version of our "Price Action" strategy FOLLOW our lessons:
Take Profits:
TP1= @ 15.55
TP2= @ 18.20
TP3= @ 20.28
TP4= @ 28.50
TP5= Free
A possible WEDGE?Hello everyone,
OMGUSD has been on a run since the last drop. The patter as a whole is bearish. It has dropped almost 50% from its ATH - the correction phase. And make no mistakes the correction phase is still ON. The forming wedge patter is another sign that the drop is inevitable.
The wedge pattern will be proven wrong if the OMG/USD crosses the $15.2 mark. The possible buy signal for the downtrend is $10.3 and for the uptrend is $15.2
Thank you.
Feel free to comment.
OMGUSD...Critical Level...wait & actHead and Shoulders pattern. If it breaks below $13 - $12.5, then can slide all the way till $7- $8 ...before finding support or news to come up. There are chances that it can make a bottom at $13 level and change trend by 2nd Feb or 3rd Feb 2018. Look at my prediction for BTCUSD during Dec'17...when whole world was dreaming high :)