Omg has been a cash cow for the last 2 yearsOmg has been a cash cow for the last 2 years.
At the moment we have a fud that goes like this : omg is dead chain and boba is now the only one.
The reality is omg is used to gain transactions per seconds while boba manage smart contract part.
Do you think a metaverse p2e game based on eth with many objects to loot etc, or a music streaming wont need high transactions per seconds?
OMGUSDT.P trade ideas
omgusdtis in the parallel pattern or flag pattern ,now in the bullish way until 4.3 or less or upper BINANCE:OMGUSDT
a long wait before entering OMG has a potential to shoot high. its a long trade watch for the entering point its a support zone. 4x
OMGUSDT - SETUPOMGUSDT price now breaking the zone after making a cup and handle pattern at a lower timeframe. Bulls can aggressively react at this zone and move the price towards 8.0 followed by 9.0. So buying on dips will be a good strategy. Good Luck!
OMG is ready to provide nice correctionOMG/USDT is about to bounce up and probably complete 'M' pattern.
The key levels are 0.382 and 0.5 fib.
I expect it to rise at least to 0.382, giving very strong chances to go to 0.5, but the time will show.
It Can Be Another Huge Reversal Move Of OMG Network (OmiseGo)Hi friends hope you are well, and welcome to the new update on OMG Network (OMG) token.
Broadening wedge and stochastic:
On the weekly time frame, OMG has formed a broadening wedge pattern and reached support. It can be also observed that the movement of stochastic and priceline is much synchronized, as whenever the prcieline moved to the support of wedge and the stochastic goes oversold then OMG starts a powerful reversal and sets a new all-time high.
EMA and resistance:
At the moment on the daily time frame, the priceline of OMG is facing two resistances. Once is the EMA 21 and the other one is $7 resistance. Once the priceline will be able to breakout these two resistances then it can lead to a big move.
Note: Above idea is for educational purpose only. It is advised to diversify and strictly follow the stop loss, and don't get stuck with trade
OMGUSDT DEC25TH-26TH PLAYMy analysis of OMGUSDT for 25th-26th Dec! Your feedback is highly appreciated!
OMG - Time For A BounceOMG looking ripe for a bounce in tandem with my linked BTC thread. This analysis assumes BTC will bounce. BTC collapse = OMG collapse, but I think the bounce is on. BTC could have a flash dump before the bounce and that would be reflected in OMG chart, but I am allowing for that in my entry.
OMG seems a good choice to trade for a bounce:
Daily RSI is overbought and showing some hidden divergence.
MACD is curling up with histogram moving well above the 0 point.
Price drifting sideways.
OMG has not been affected by recent bearish price action in stock indexes.
OMGBTC printing bullish divergence.
Not advice.
OMG/USDT pair possible scenarioAs you can see using the daily chart, the previous bear markets have crashed around 70% each time, highlighted with a RED price range arrow. We have now reached the 70% bear market, so previous history tells us we're on our way back up! We may see a slight dip during the holiday, but have faith we will rise.
The brushed line shows a possible scenario that could happen following previous trendlines.
Remember to set SL and TP along the way, feel free to use resistance as guidance!
OMG/USD Buy Trade Plan.#OMG/USD Sell Trade Scenario. when price retest supply zone and order block then the nice opportunity for short. Thank you Traders for your support like and follow.
buyJust buy
We can see the weakness of seller's and the projection has decrise that is a sign of changing the triendso just buy
OmiseGO OMGUSDT Rally ahead Hello Traders,
this is my view for BINANCE:OMGUSDT .
Targets on the chart, we have been leaning on support for a few days now so i think can grow from here.
OMG Higher Time frame AnalysisWe're in the Bearish phase.
there are too many possible reversal movement before heading to the first bullish confirmation.
always look for bigger picture( Support and Resistance)
TAYOR
OMG - Possible bounce on resistanceretracement on 0.618 for sell/short
waiting to break the trendline.
OMG - Purple War Zone!OMG has been trading inside that giant rising broadening wedge in blue and now approaching the lower blue trendline acting as non-horizontal support, we will be looking for Trend-Following Buy setups.
Moreover, the area 3.0 - 4.0 is a "Resistance turned into Support".
So the highlighted purple circle is a strong area to look for buy setups as it is the intersection of the green support and lower blue trendline.
As per my trading style:
I will be waiting for OMG to approach the highlighted purple circle area to look for buy setups (like a double bottom, trendline break, and so on...)
Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
OMGUSDT Meteo update hello investors and Trader following a rigorous analysis I expect this scenario🕵️♂️🕵️♂️🕵️♂️
OMGUSDT : Ready to $10Try to DCA while bearish market
Note !!
- Not Financial Advice.
- Not Recommend to trade with my ideas.
- If you have any question. please comment below thanks.
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Thank you
OMGUSDT OMG/USDT on the previous correction manages to find support at 0.382 - 05 fibs retracement. the current price also sitting at
the same Fibonacci levels. Stoch rsi on weekly about to flip bullish. The RSI on weekly is also at circa support (44%) the last 2 #OMG corrections managed to bounce from this level. OBV on weekly still on uptrend
might need some consolidation but I think should bounce.
i see this as BUY THE DIP!
invalidation point:
a break of the 0.382 fib level ($4.99)
