OMGUSDT - OmiseGo Ready to go Parabolic

22 lut 2023

Hi Traders, Investors and Speculators of the Charts 📈📉

Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year.

OMGUSDT is looking extremely bullish after a period of consolidation. The last time after OMGUSDT consolidated around the support zone and continuously tested this resistance without falling lower, it was a literal OMG moment and the price went parabolic to $9.92 in July 2020.
I think a big bounce on this zone is likely, and a near term 275% increase seems more likely than an immediate 500% increase. Ultimately, depending on your patience and trading strategy, 500% is a realistic increase for altcoin markets during a bull cycle.

The potential at this level is confirmed by HIGH volume the previous two times that the price traded around this level. A quick look at OMGBTC also shows bullish price action is most likely after a long period of consolidation against BTC .


If you're looking to get a step ahead on Bitcoin, check out this idea 👀:

These three charts together give away hidden information about where the price of BTC could be going next.



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CryptoCheck

1 mar 2023

Zlecenie aktywne

OmiseGo testing upper resistance zone, expecting a breakout soon

5 kwi 2023

Uwaga

More consolidation, this only increases my bullish bias for OMG