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Olympus DAO (OHM) Was $430 the Bottom?Clearly we've been in a bear market trend for Olympus DAO and many other DAO's. A big 70% retrace from it's swing high of $1360 Olympus DAO has been in a downtrend for the past 2 months and we're still trying to find a bottom. I personally believe we're coming close to finding a bottom for Olympus DAO and $430 may be it. However we're still on a continuation of this downtrend so waiting for clear signs of reversals and change of trends is important. But on our RSI readings we've formed some deep troughs and we may be nearing a bottom soon. Much peace, love, health, and wealth!
OLong
by peacefuljustin
OHM watching and waiting for entry at $400 area.OHM is a project I've been waiting to enter for a while but currently doesn't show a good risk to reward. It is following its downtrend and I'm not willing to catch a falling knife. I think it's going to be a bumpy downtrend with some opportunities to catch some profit. However, as the trading mantra says, trade with the trend. It would be irresponsible to enter long here without seeing a confirmation of reversal. A short prospect is more promising, however this depends on how BTC reacts in the next week. I'm expecting to enter long if this reaches the $400 area.
O
by cheliosTD
5
Olympus DAO (OHM) Critical Support Area Must Be HeldOlympus DAO (OHM) has been in a downtrend since October 15th and now we're facing a major area of support at around $670 that needs to be held at the 0.382 Fibonacci level of $668. If we cannot hold this level then we will probably head back down to the 0.236 Fibonacci level of $475 which is not too pretty. As of right now we're trying to see where Olympus DAO finds its new swing low before another change of trend. Once we break this downtrend I do believe we will run back up to around $900 given that is where most of the price recognition and action has occurred at. Much peace, love, health, and wealth!
OLong
by peacefuljustin
2
$COMP/USDT 12h (Binance Futures) Falling wedge breakout & retestCompound just regained 50MA support and looks ready to push higher towards 200MA resistance, let's not miss next dip! Then, we'll see if strong enough to break out of the big symmetrical triangle and start a massive bull-run. That DeFi / BSC governance token is a DAO lending protocol, also part of Polkadot & Avalanche Ecosystem, more info on compound.finance Current Price= 348.23 Buy Entry = 343.23 - 331.29 Take Profit= 384.87 | 437.98 | 491.78 Stop Loss= 305.42 Risk/Reward= 1:1.5 | 1:3.16 | 1:4.85 Expected Profit= +28.24% | +59.72% | +91.64% Possible Loss= -18.88% Fib. Retracement= 0.5 | 0.702 | 0.883 Margin Leverage= 2x Estimated Gain-time= 1.5 months
Long
by TradingOn
2
$UNI/USDT 4h (Binance Futures)Descending triangle break & retestUniswap is up-trending and looking good for another bounce on 50MA support, let's catch next dip! More information on that DEx (Decentralized Exchange) and DeFi / BSC token on uniswap.org Current Price= 25.782 Buy Entry = 25.757 - 24.971 Take Profit= 27.834 | 29.419 | 23.381 Stop Loss= 23.381 Risk/Reward= 1:1.25 | 1:2.04 | 1:3.07 Expected Profit= +29.22% | +47.97% | +72.03% Possible Loss= -22.26% Fib. Retracement= 0.786 | 0.883 | 1 Margin Leverage= 3x Estimated Gain-time= 3 weeks
Long
by TradingOn
$AKRO/USDT 3h (Binance Futures) Falling wedge on supportAkropolis has formed a bullish pattern and is likely to resume the up-trend after 100EMA retest. More information about that DAO / DeFi token also part of Polkadot Ecosystem on www.akropolis.io Current Price= 0.03194 Buy Entry = 0.03204 - 0.03128 Take Profit= 0.03368 | 0.03565 | 0.03819 Stop Loss= 0.02998 Risk/Reward= 1:1.2 | 1:2.37 | 1:3.89 Expected Profit= +19.14% | +37.80% | +61.89% Possible Loss= -15.93% Fib. Retracement= 0.382 | 0.786 | 1.272 Margin Leverage= 3x Estimated Gain-time= 10 days
ALong
by TradingOn
Wait for this digital currency to explode🔵 This digital currency entered a correction phase in time frame D, as it is clear, after a spike move. Price in this chart in the correction phase completed its reverse shoulder pattern and passed the trigger (neckline) well and completed its pullback to this trigger according to the picture. We expect from the price for this currency is that it can resume its growth from here and up to the PRZ range AB = CD pattern Which overlaps with the target of the reverse pattern, ie price (5.2)
Long
by mohsenkhodadadiii
🆓DAO Maker (DAO) Oct-18 #DAO $DAO📈RED PLAN ♻️Condition : If 1-Day closes ABOVE 2.8$ zone 🔴Buy : 2.8 - 2.5 🔴Sell : 3.5 - 4.5 - 6 📉BLUE PLAN ♻️Condition : If 1-Day closes BELOW 2.8$ zone 🔵Sell : 2.5 🔵Buy : 2 ❓Details 🚫Stoploss for Long : 10% 🚫Stoploss for Short : 5% 📈Red Arrow : Main Direction as RED PLAN 📉Blue Arrow : Back-Up Direction as BLUE PLAN 🟩Green zone : Support zone as BUY section 🟥Red zone : Resistance zone as SELL section 🅰️A : The Close price of 1-day candlestick is Above the zone 🅱️B : The Close price of 1-day candlestick is Below the zone
Long
by CryptoStation
1
Olympus DAO - The #1 DAO I'm super bullish on Olympus DAO. Its Trading View pair is OHM/DAI. Double bottom confirmed on the daily so we should see ATH's within the next 2-3 months. A good indicator the past few months for me to test BTC has been OHM. The pairs are inverse to each other basically. Check this: Don't think this will stick now since OHM was flying under the radar - now the project has been doing a lot of marketing. The 7000% APY returns on OHM is insane; you're doubling your tokens every 6-8 weeks essentially based on the compounding effect. This project has sound fundamentals, it's a DAO and DAO's haven't taken off like DeFi and NFT projects have yet. Obviously DYOR and this ain't financial advice bla bla bla.
OLong
by yas_btc_eth