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OMGUSD trade ideas

OMG Trade SetupWe have reached a perfect accumulation zone for OMG confirmed my trend channel and fib. I love such moments when you get a valuable coin at a 50% discount! OMG is one of those coins that I expect to easily reach $100-$150 by the next 12 months. Here is our next OMG trade: BUY: (In the yellow accumulation zone between $6.24 - $5.27) TP1: $10.22 TP2: $12.84 TP3: $15.73 STOP LOSS: $2.95 I expect that we would reach TP1 very soon within the next 2-3 weeks (between the 16th and 25th of November) TP 3 hopefully in a month, by December 2017. Good luck :)
BITFINEX:OMGUSDLong
by JoeFares
1
OMG Counter-Cyclical Breakout Trade: Good for 10 - 15%?Two possible pattern formations on the 30 MIN chart offer short-term long trades with nice R to R. Keep in mind this is a counter-cyclical trading environment, so I would stay disciplined on this one. - Breakout buy can be above $6.70 for a MIN TP of $7.34 and MAX TP of $7.95. - Breakout sell can be below $6.31 with a MAX TP of $5.70. You could carry this short forward, but with a major classical fibo support at $5.43 that is not recommended at this time. My strategy includes evaluating against BTC: In this chart we have upward potential sitting at the bottom of a larger falling wedge and the edge of a major fibo zone. A break to the downside may invalidate our OMGUSD idea.
BITFINEX:OMGUSDLong
by Trader6127
1
OMG: what do I do ?!hi. In essence, this chart applies to several Alts i.e. LTC. Only my call for ETP seems to be hanging in there - just - and probably would have made a much better move with it's timely new listing on the european exchange, if it were not for these testing times. So, as money drains from most major alts it's a rough time for holders ... and possibly a great opportunity is approaching for buyers. What I see here is a desending / falling wedge that will soon hit fresh supply (light blue lines). This pattern is a reversal pattern. No doubt the first of these supply levels will cause a pullback probably smaller than the previous retracements. But in 2 days or more - depending on candle formation - we may have the signal for a price switch. We can only wait and see ... ... and the way things are going, I would not be surprised if there is a dramtic price spike downwards to hit the sub 4 level structure and supply. So long as the OMG team have survived this drain - what a bargain buy! For those holding - hang in there, what else can you do? Eventually we will climb back up to the MIDAS support channel. It might even be a quick rush up with fresh btc profits! Who can tell? All the best.
BITFINEX:OMGUSD
by 4XXXX
1