OMG

OMGUSDT Chart Commentary The turning point for the OMG coin was, of course, its delisting from Binance on June '24. When we examine the graph, we see this. OMG After the delist process, it tried to resist for a while, but it constantly created needle candles, especially on the daily chart. This situation can be interpreted in two ways. The first of these is as follows: The volume shrank, traders bought and sold on exchanges other than Binance. Secondly, the developers of the coin or the investor who had high expectations from this coin made small swaps. We can think about this. Some people bought it, others sold it and sold more and a needle was formed, and vice versa. In other words, the big holder sold his possessions little by little. I can also say that the market sensitivity of the coin increased after the Binance delist. In other words, when the market fell, it fell a lot and when it rose, it rose a lot. In short, he has an unstable situation. I marked sequential targets on the chart. Although it is an old coin, the fact that it remained in a constant decline after the '21 bull and formed new lows can be interpreted as being suitable for futures trading. I think OMG and similar coins need to go through a plateau phase to recover. This means: It should spend time in horizontal pricing and this should be perceived by the investor as the bottom. We also need to see full candles, that is, candles that do not have a needle and whose price movement is as balanced as possible. I cannot predict where it will fall in a possible decline. Because it is already at the lowest level in its history and continues to fall. When should I consider buying this coin? It will be on my radar after $0.13 and I will consider trading upside after $0.18. It is not a coin that I would keep in my portfolio, but it is a coin that can give good trading opportunities during the day. I know I made a slightly negative comment, but the market is not in a good situation anyway. For those who are left behind in this coin, the right time to exit will probably come in the new year. I believe that if the loss is closed, we should not be too insistent on this coin. What I write here are my opinions. It is not investment advice. I would not recommend that you direct your investments based on what you read here. I wish everyone good luck.

**OMG Network (OMGUSD) Technical Analysis** OMG is testing key support at **$0.38**, a level that has served as a technical and psychological baseline since Q1 2024. The price remains under bearish control, trading below both the 50-day (**$0.42**) and 200-day (**$0.48**) moving averages. Volume has been consistently low during recent declines, indicating a lack of strong buying interest despite reduced selling pressure. The daily RSI sits at **36**, nearing oversold territory but lacking clear bullish divergence. The MACD remains below its signal line, though the histogram shows minor convergence, suggesting potential slowing of downward momentum. Immediate resistance is seen at **$0.42** (50-day MA), with stronger resistance at **$0.45**. Fundamentally, OMG Network continues to operate in a highly competitive Layer-2 scaling space, with limited recent ecosystem developments to drive significant momentum. A break below **$0.38** could trigger a move toward **$0.34**, while a reclaim of **$0.42** with volume could signal short-term stabilization. Traders should monitor Ethereum's performance for directional cues.

Looking at omg we see that it is practically dead, however we have seen this before it does a major pump when it gets over the 200EMA like we have seen with XCN… a little goes a long way with this one. ATH roughly $20 currently at $0.20, you do the math on risk vs reward.

Classic pump amid falling market and falling bitcoin. Liquidity gathering is targeted at key levels. There is a high probability of false breakout and fall. When falling, in the DUMP phase the coin can lose up to 100% of the entire rally Scenario: false breakout on M5-M1 of the specified resistance zones and price consolidation below the level may trigger a fall.

OMG has done same corrective pattern as in 2018-2020 period with bounces on same fibb levels. It's not yet clear if we get one more scam dump (like Mar 2020 event) or the bottom is already in and we reverse from here. In any case longterm plan is bullish and I expect push up to break major diagonal resistance line (if we are repeating moves than 1st impulse should go to ca. 1.7$ range), correct a bit and continue pumping toward fibb 0.236 aka 12$ range where we have major diagonal resistance line which will very likely cause a rejection.

Omg/usd is under value69% it will go upp.If you give me 100 dollar And you get 69 dollar Every time would you do it.Crypto is only tecknikal analasys.Only chart pattern.Bet and I promis AT least 1000% Falling wedg over falling wedge.It mean peopel are exhausted off the shorts.Ris weekly Daily show buy..

OMG/USD (OmiseGo) has been in decline for nearly three years, and with a simple Elliott Wave count, this may signal the end of the correction. Now might be the opportune time to enter. Based on this count, it’s possible that we are indeed at the dawn of alt season. Let’s see how it goes. Good luck!

Faling wedge scenario and rsi show buy. 3 Times. 7Future will say.All time low long

Description:This trading idea focuses on OMG, the native token of the OMG Network (formerly OmiseGO), a blockchain platform designed to improve scalability and efficiency for Ethereum-based transactions. By utilizing Layer 2 scaling solutions, OMG enables faster and cheaper transactions without compromising security, making it an essential player in addressing Ethereum's congestion and high fees. The project’s emphasis on interoperability, allowing seamless transfers of assets across blockchain networks, positions it as a valuable asset in the growing decentralized finance (DeFi) and payments ecosystem.The rising adoption of Layer 2 solutions and growing demand for scalable blockchain infrastructure make OMG a promising investment. However, the cryptocurrency market is highly volatile, and factors like regulatory changes, technological developments, and market sentiment can significantly impact its performance.Disclaimer:This trading idea is provided for educational purposes only and should not be considered financial advice. Trading and investing in cryptocurrencies like OMG involves substantial risk, including the potential for complete loss of capital. Conduct thorough research, assess your financial situation, and consult with a financial advisor before making investment decisions. Past performance is not indicative of future results.

OMG/USDT LONG TRADE SETUP;-Entry Price: Current Market Price And $0.32Stop Loss (SL): $0.2950Targets:Target 1: $0.39Target 2: $0.4550Target 3: $0.5145Target 4: $0.5888Target 5: $0.6375Leverage Recommendation: 5x to 10xLet me know if you’d like further assistance or adjustments!DYOR. NFA