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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Trade well, ❤️
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OMGUSD trade ideas
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
❤️ If you find this helpful and want more FREE forecasts in TradingView
Please show your support back,
Hit the 👍 LIKE button,
Drop some feedback below in the comment!
❤️ Your Support is very much 🙏 appreciated! ❤️
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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 ❤️
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Alts HUGE Target Zone We know that in cryptos eventually everything looks the same. Most alts will be above january levels before this run is finished. That's a great indicator. Then there are ZONE pumps where something pumps more than others, right now it looks like that the coins that pumped lesser in january pumps higher now, but everything reaches the level of highest pumping coin on January. Seek for coins that are still COLLECTING and looks healthy. Eventually you should be able to INDEX them all like that. Markets takes time and now is the opportunity to BUY.
Next massive move for OMGI've been encouraged to publish more idea, so let's start with OMG. I don't know and don't care whether it goes up or down, though I'm personally biased to the upside, but this chart shows the key levels to watch, regardless of direction.
In brief: we broke back into an old triangle after an extended period of accumulation and we're coming to the end of that triangle. We will either correct to around $1.10 or continue to around $3. A bullish move might even take us to around $6 pretty quickly.
Ps' these are not targets and they are not precise, they are merely suggestions of levels to watch.
Ps' Ps' I personally trade OMG/BTC, but for the moment the OMG/USD price is the driving factor, hence this analysis.
XRP|USD & OMG|USD Possible Fractal!Hello Cryptonians,
I hope you all are doing well. I would like to present to the community this idea I noticed recently. I have a split chart post, XRP on the left & OMG on the right. Most of us know that OMG|USD had a recent blast off upon its CoinBase Pro listing and the anticipation of its Mainnet launch. Please note that OMG had a nice Diamond pattern play out breaking to the upside upon reaching the delta. This lead to a massive run-up with nice consolidation. Keeping this in mind, then take a look at XRP|USD. XRP looks like it has a similar diamond pattern, with a possible breaking to the upside. Let's see how this plays out. I will be taken a Long here, looking for Targets at .28, .32, .45. Thanks for your time, let me know what you think below.
In service,
Vuven
Not Financial Advice, DYOR
OmiseGO (OMG) - May 23 (1W)Hello?
Dear Traders, Nice to meet you.
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We need to watch with interest to see if we can get out of this long downward trend.
Points to be absolutely supported: 1.1550 points
Points that can be said to be out of a downward trend: 2.7500
If you are currently investing, check out the points of support and resistance.
------------------------------------------------
** Check support, resistance and abbreviation points.
** Support or resistance is based on the closing price of the 1D chart.
** All descriptions are for reference only and do not guarantee profit or loss on investment.
Description of abbreviations shown in chart
R: A resistance point or section where a countermeasure is needed to preserve revenue.
S-L: Stop-Loss point or section
S: A point or section that can be purchased for profit generation as a support point or section
omgusd potentially ready to break up from falling wedge??still awaiting both a 1 day close above the wedge, a bullish volume surge and a follow up confirmation candle...but were omisego to confirm the breakout here...here are the 3 potential targets...the fact that omgbtc is going absolutely parabolic right now is a great sign of bullish confluence that ups the probability of a breakout on omgusd...as is the listing announcement on kraken.