1. 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...
OMG USD looking bullish on 4hr close above $5.05 region for a target of $5.5 and then $6.8
OMG coin gave a breakdown few days back and approached to another intersection point of support and resistance. There is a tough fight between the bulls and bears. Know more at the under given link
The technical chart of OMG Network highlights the significant retracement faced by the price levels after touching the critical resistance area of $5.00. The price levels went straight down to the critical support area of $2.50 resulting in almost 50% retracement. The support level did provide a positive bounce back to the support levels and during the current...
Trading 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...
Trading 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....
Short opportunity for OMGUSD on 15 min time interval
Technical 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...
There is Bull Div on daily and a Falling wedge and order block right below. A upmove is soon expected TGT: 9.6
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...
Technical 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...
All the negativity around Cryptos is just the right weather for a take off.
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 $15.2 mark....
You can clearly count 5 waves up from Wave ii bottom.
OMISEGO Cup and handle breakout and should reach all time high soon (29$), lets review the target after reaching 29$.
The entry was perfect. Time to exit and watch what happens next.
Wave (ii) continued sliding. So I had to relabel the chart - but it still means the same thing. BUY with very little risk.