EuroMotif

2020년 9월 22일 오전 3시 22분

OMG.usd has a Bottom? If so, $2.5 would be a good place to look

설명

⋅ 2020년 9월 22일 오전 3시 22분

Like so many alts, another Pump-N-Dump picture.
Only this one had a Pre-Cursor at Coinbase launch.
After the big spike, it has been nothing but decay.

Purple Fib series is taking the first spike as an "impulse".
Gold and Blue fib series is the "Golden Fib" of larger spike.
We are currently near the 0.618 of BOTH of those Impulses.

See "Related Ideas" below for explanation of my concept/religion.

코멘트

⋅ 2020년 9월 22일 오전 3시 42분

Zoomed in with a minor fib level added:

would be nice to hold $2.59, which on this timeframe we can see was not easy to surpass.

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코멘트

⋅ 2020년 9월 22일 오전 5시 56분

Here we are, at the first resistance fib

Time to pay attention!

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코멘트

⋅ 2020년 9월 22일 오전 6시 54분

Not good :(

failed at first resistance. Now 2.59 is a MUST hold, break below could get ugly. Guess it comes down to what USA does next, with stocks, gold, crypto......

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코멘트

⋅ 2020년 9월 22일 오후 2시 26분

Nice bounce

Decent push right into first resistance zone

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Zoom IN (1 min)

looks like it intends to break that resistance.
That is also $3 round figure, would be marvelous to hold.

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코멘트

⋅ 2020년 9월 22일 오후 9시 23분

So the resistance in above snap definitely proved itself.

Now bulls really need to hold that gold fib at 2.7894.
Strong bounce from that fib could get us to new local highs.

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코멘트

⋅ 2020년 9월 22일 오후 10시 41분

Nice bounce from the Golden fib tradingview.com/chart/kmCh5Ye0/ Now up into that resistance again.
We might have enough energy to break and hold this time.
But until it happens we can not be sure.

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코멘트

⋅ 2020년 9월 22일 오후 10시 42분

Oops, wrong link above.

Here is the snapshot

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코멘트

⋅ 2020년 9월 23일 오전 4시 50분

Got past the resistance show in Pic Above, and now back to test from top side

Pretty key moment here.
A good bounce here would lay a good foundation for uptrend support.
Small pierce would be ok, but if it just falls thru it will be bad sign.

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코멘트

⋅ 2020년 9월 24일 오전 2시 26분

15 min view

it was making some strong moves until stocks and btc dumped. Now needs to hold 2.7894

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Support and Resistance Fibonacci

코멘트

funfunction

⋅ 2020년 9월 22일 오후 4시 30분

Wil go a lot higher:)

EuroMotif

⋅ 2020년 9월 22일 오후 7시 9분

@funfunction, I hope so, now what we have wiped out most the spike (and thus late buyers).
We should down the "Faithful" now who will continue to hold and hopefully add to positions...

captain_trips

⋅ 2020년 9월 22일 오후 4시 30분

thoughtful chart and analysis. there's solid FA on the near horizon. need the team to deliver and we could see some more fireworks. will be watching.

EuroMotif

⋅ 2020년 9월 22일 오후 7시 8분

@captain_trips, Excellent, thanks for the news.
Admittedly, I dont follow the developments behind coins....

michaelnguyen629

⋅ 2020년 9월 22일 오후 2시 38분

😃😃😃 i have try my best.

michaelnguyen629

⋅ 2020년 9월 22일 오후 2시 38분

OoooMiiiiiSeeeeeGggOooooo. Break that $3 Now. 🙏🙏🙏🙏

michaelnguyen629

⋅ 2020년 9월 22일 오후 2시 36분

Come Onnnn OmesiGoooooooo.

robiarvest

⋅ 2020년 9월 22일 오전 3시 28분

Yeah man. I was waiting for you to say something about OMG. Finally master Euro unleashed his knowledge. Great chart as always.

EuroMotif

⋅ 2020년 9월 22일 오전 3시 38분

@arvest14, Thanks, friend. Lets see if we hold!

MoonFaceMan

⋅ 2020년 9월 22일 오전 8시 5분

@EuroMotif $2.54 fingers crossed