The Spring of OM: Wyckoff Signals a Rebirth After the CrashMANTRA ( BYBIT:OMUSDT.P ) Technical Analysis: Post-Crash Recovery and Wyckoff Accumulation Insights
TradingView
On April 13, 2025, MANTRA (OM) experienced a significant price drop, declining approximately 88% within 24 hours. This sharp downturn was attributed to a combination of factors, including market-wide volatility and potential large-scale sell-offs. Despite this abrupt decline, technical indicators suggest that OM may be entering a Wyckoff Accumulation Phase, presenting potential investment opportunities.
Understanding the Recent Price Movement
Following the crash, OM's price stabilized around $0.70, with a 24-hour trading volume exceeding $2.3 billion. The Relative Strength Index (RSI) and Commodity Channel Index (CCI) indicators both entered oversold territories, indicating a potential for price reversal.
CoinMarketCap
CentralCharts
Wyckoff Accumulation Phase Analysis
The Wyckoff Method identifies specific phases in market cycles, with the Accumulation Phase characterized by large investors ("smart money") buying assets at lower prices. Key features of this phase include:
Selling Climax (SC): A sharp price decline with high volume, as seen in OM's recent drop.
TradingView
Automatic Rally (AR): A quick rebound following the SC, indicating initial buying interest.
Secondary Test (ST): Price revisits the SC level to test support, often with lower volume.
Spring: A false breakout below support levels to shake out weak holders, potentially observed in OM's price action.
Mudrex
Sign of Strength (SOS): A strong price increase with higher volume, signaling the end of accumulation.
Currently, OM's price behavior aligns with the early stages of this accumulation pattern.
Investment Considerations
For investors considering entry points:
Risk Tolerance: Given the recent volatility, only risk capital should be used.
Technical Confirmation: Await confirmation of the SOS phase before significant investment.
Volume Analysis: Monitor trading volumes for signs of increased institutional interest.
Understanding the Wyckoff Accumulation Phase can provide insights into potential market reversals.
Cryptolongterm
Crypto And Stocks Long Term Trading Strategy.....Hello my Dear Fellow Traders!
Today i'm Going to show you a strategy which i personaily use in my long term crypto or stocks investment. for this strategy you should not use any kind of leverage at all. Because it is a long term trading strategy so trading with any kind of leverage can be harmfull for your account.
In this strategy we are going to use only one indicator which is known as EMA(Exponential Moving Average). We are going to use 2 EMA. 200 period moving average and 20 period moving average.
when 20 period ema cross 200 ema from down to up side its and indication that in the long term momentum is changing and you should by but wait for the price to close above 200 ema then enter your buy trade and repeat the same process to generate the sell signal as well like when the 20 ema cross 200 ema from above side and give closing beneath the 200 ema sell.
Remember that when you enter in a trade you should atleast hold your trade for 30% but you can also trail your stop loss with price, using this same strategy i even had made more then 80% of profit in a single trade. but keep in mind that process need time and you have to have a good patience level in your self if you want to get a big piece from the market.
i hope that you will like my strategy and back test it and analyze it for better result because it has a 80% win ratio.
Thank you so much.......................................
$BTC BITCOIN WILL TOUCH 20K+! MASS ADOPTION WILL BE COMING!THIS IS MY LONG-TERM VISION WITH MINIMUM REQUIREMENT AT LEAST 3 - 18 MONTHS!
So I divide the bull in 5 stages and the bear in 1 stage, why? Because of everything on crypto only a baby step at the moment, something not really can be judge.
As you can in 2018 quite a lot devs has deliver their products, whether it's an apps, website, tools, games or hardware (like Pundi x) or even a software. They don't really have users at the moment. Nobody really know em and likes em, only few people probably know them. Because there are a lot of good projects and good projects out there, even me myself can't spot them all for my own good. But we can say, the environment is growing at the moment. The thing about growing is... you need to watch them evolve and encourage them, in actions or words. Just like a plant that you need watering them, just like an animals you need to feed them, etc. When they're small, meh... too cute, looks insignificant. But when they're growing big... you'll be glad you took patience for this long time.
So it's applied to crypto.
We are really have a good R:R at the moment, as young as you don't play leverage, long-term you'll be fine. (Don't you dare to play shitcoins, at least play Binance's)
Whether you are agreeing with or not, positively, i'll be saying Bitcoin will go to 20K and even higher, mark my words!
10-10-2018
Blockchaindedi