It Can Be Another Huge Reversal Move Of OMG Network (OmiseGo) From This Support

By moon333 | moon333 | 25 Dec 2021


 

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.

iSzgEqZZ

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.

o6hZPjRQ

 

Don't forget to upvote/tip and share the post, thanks

 

You can also support my work at Patreon for more ideas:

https://www.patreon.com/moon333

 

In order to play and watch the current performance of the chart you need at least a free account on tradingview:

https://www.tradingview.com/gopro/?share_your_love=moon333

KuCoin is one of the best exchange to find crypto gems:

https://www.kucoin.com/ucenter/signup?rcode=rJSDVT3

 

Link for Binance exchange, to trade crypto:

https://www.binance.com/?ref=11256882 

 

 

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.

How do you rate this article?

8


moon333
moon333

Hi, My name is Atif Akbar and I am a trader and trading charts author


moon333
moon333

Hi my name is Atif Akbar and i am trading charts author of different assets like crypto, forex, commodities, CFDs Stocks e.t.c.

Send a $0.01 microtip in crypto to the author, and earn yourself as you read!

20% to author / 80% to me.
We pay the tips from our rewards pool.