OMG/BTC. R Trader
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Thread: OMG/BTC. R Trader

  1. #1
    Administrator RoboForex Administrator's Avatar
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    OMG/BTC. R Trader

    OMG/BTC


    OmiseGO (OMG) is a cryptocurrency and also decentralized exchange, liquidity provider mechanism, clearinghouse messaging network, and asset-backed blockchain gateway based on Ethereum. Unlike nearly all other decentralized exchange platforms, OmiseGo allows for decentralized exchange of other blockchains and between multiple blockchains directly without a trusted gateway token. ICO start date: 2017-06-27.

    This instrument is available for trading on the platform R trader. You can start trading with as few as 10 USD on your trading account.

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  2. #2
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    OMG/BTC

    The OMG/BTC is in a prolonged downtrend and now it is trade slightly below the strong weekly (W1) resistance level of 0.00044.

    At the moment the instrument OMG/BTC is below this level and sell positions look more attractive. In case if this week closes above this level, buy positions can be more interesting for trade.




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    Trader nadezhda84's Avatar
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    The current rate in the OMG / BTC trading crypto-currency instrument is 0.00031040 (BTC). OMG moves down, as it as overbought before, see the attached plot with the 800 hours moving average ("simple" algorithm of plotting) and 4-hour stochastic indicator (parameters of 5,3,3).

    In this case, it is suggested to find a local bottom of the price motion, that may be at 0.0003000 (BTC), and buy there with a TP at 0.00036 BTC.

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  4. #4
    Trader nadezhda84's Avatar
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    The current rate in the OMG-BTC trading instrument is 0.00034076 BTC. The movement on Saturday was bullish, but now it is almost neutral. The price is higher than the 800-hours moving average, see the attached chart with indicators. Stochastic lines (5,3,3, 4 hours) crossed above 80% and now indicate a nascent downtrend.


    Look at an interesting resistance zone near 0.0003600 BTC to post a sell limit order near it.

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  5. #5
    Trader nadezhda84's Avatar
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    The current cost of the OMG coin is 0.00032234 BTC. The trend is strongly bearish. Both today's trend and this week's trend.








    The price has crossed 800-hours simple moving average from above, therefore, this can be understood as a start of a new strong downtrend. Keeping this understanding in mind, it is recommended to sell on rallies. Be aware of the support at 0.00031300 BTC.

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  6. #6
    Trader haris66's Avatar
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    OMG-BTC moving upward in the favor of bullish trend ,according to technically indicator EMA its going upward forming a bullish trend due to high buyers pressure,if OMG-BTC able to cross resistance level at price 0.00031635 then it will go further in the favor of bullish trend other wise OMG-BTC moves back to the support line,have safe trading ..

    Possible Direction ( Bullish )
    Screenshot_2.jpg

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  7. #7
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    Crypto-Trade has made so many lives better because they can now focus on other daily activities rather than cryptocurrencies. You don’t have to tell the robot what to do as well, it just processes information and makes sure you buy or sell or trade conveniently.

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