OmiseGo OMG - Jan 26 Technical Analysis. Consolidation Period. Long Term Target Stands $33+.

in omisego •  7 years ago 

I stand by long term target of $33+

OmiseGo consolidations for wave 4 and based on extrapolation with fib extensions, a healthy $33 is achievable this year.


Always be cautious, take high probability trades, plan entries and exits, stick to high reward low risk R:R setups. Good luck traders

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Lesson 1 - Bitfinex Tutorial - How to Customize and Set Up Bitfinex
Lesson 2 - How to Analyze Candlesticks Charts with Strategy
Lesson 3 - Moving Averages
Lesson 4 - Relative Strength Index RSI with Advanced Strategy
Lesson 5 - MACD and Histogram
Lesson 6 - Margin Trading Long, Short, Leveraging
Lesson 7 - Basic Risk Management
Lesson 8 - Fibonacci Retracement Part 1
Lesson 9 - Fibonacci Extension Part 2
Lesson 10 - Laddering
Lesson 11 - How To Interpret Time Frames
Lesson 12 - Swing Trading Advanced 55 EMA Strategy
Lesson 13 - Introduction To Elliot Wave Theory

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thanks Philakone for the Info! Always appreciate your content.
Best from Berlin

Thanks for those spot on analysis !

Hi! I am a robot. I just upvoted you! I found similar content that readers might be interested in:
https://www.youtube.com/channel/UCeu9yMweVfTCftF9gvnuGeA

Notice you're comparing to USD rather than BTC... I'm a little unsure as to which I should compare to and why? Many thanks!

i trade against usd so i do usd pair :)

The charting pattern for OMG/ETh abd OMG/BTC should be same right? Having hard time replicating the OMG/USD pattern, but im just trying to learn haha.