Gann
New $OM Tokenomics Supply Capped at 1.77B🕉️ NASDAQ:OM - MANTRA's governance/utility Token now has a total supply of 1.77
billion as per new tokenomics, which will never be increased.
According to this model, during the TGE phase, NASDAQ:OM will release 49.5% of the total supply.
NASDAQ:OM will be used as Gas Fees from day 1 on MANTRA Chain
The new updated tokenomics will ensure sufficient initial circulation but also allows continuous momentum in the long-term development of the ecosystem.
The releasing schedule and economic models is mentioned below 👇
#OMtober #Binance #Altcoin #RWA
EURUSD: Local Correction Ahead! Sell!
Welcome to our daily EURUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 1.09595
Wish you good luck in trading to you all!
SILVER: Strong Bullish Bias! Buy!
Welcome to our daily SILVER prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 31.95492$
Wish you good luck in trading to you all!
DXY: Move Up Expected! Buy!
Welcome to our daily DXY prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 102.633$
Wish you good luck in trading to you all!
October 4 Bitcoin Bybit chart analysisHello
It's a Bitcoinguide.
If you have a "follower"
You can receive comment notifications on real-time travel routes and major sections.
If my analysis is helpful,
Please would like one booster button at the bottom.
Here is the Bitcoin 30-minute chart.
There will be an announcement of the Nasdaq index at 9:30.
Long position entry section in the strategy on October 2
From the purple finger at the bottom left at $59,955.5
I connected it to today's strategy.
*When the red finger moves,
One-way long position strategy
1. $60,980 long position entry section / Stop loss price when the sky blue support line is broken
2. $62,588 1st target -> Additional target price from Top to Good during the weekend
Touch the 1st section at the bottom
If the sky blue support line is maintained, an upward sideways market
If the bottom section is broken, the next support line
is the 2nd section at the very bottom.
Up to this point, please use my analysis article only for reference and use
I hope you operate safely with principle trading and stop loss price.
Thank you.
XAUUSD View!!Gold futures are broadly flat at $2,669.10 a troy ounce, holding ground after Friday's U.S. Nonfarm Payroll data release showed a hotter-than-expected labor market. The economic data reduced the likelihood of another 50 basis-point interest rate cut, which would have been a tailwind for the precious metal, though the market is still pricing in several more smaller 25 basis-point rate cuts over the remainder of the year. Elsewhere, the Chinese central bank opted against adding gold to its reserves for a fifth consecutive month in September, having broken an 18-month buying streak in May that had helped drive gold prices to record highs, say ING analysts in a note. China has experienced a slowdown in gold purchases over recent months, with high prices likely deterring further buying for now, ING analysts say.
Monday Market Analysis and SignalsGold prices fluctuated in a narrow range in early Asian trading on Monday and are currently trading around $2,647 per ounce. Gold prices closed slightly lower after a sharp fluctuation last Friday, as a stronger-than-expected US jobs report poured cold water on expectations of aggressive interest rate cuts by the Federal Reserve in November, boosting the dollar to a more than one-and-a-half-month high, and US Treasury yields also rose sharply to a nearly two-month high, overshadowing risk aversion concerns over the tense geopolitical situation in the Middle East.
Last week, gold prices struggled to make decisive moves in either direction as the strength of the US dollar offset the growing safe-haven demand for gold. Developments surrounding the Middle East conflict and US inflation data may drive gold prices this week. On the other hand, if the minutes reflect that policymakers are open to further significant rate cuts when data show a recession or a deteriorating labor market outlook, the dollar may come under pressure and drive gold higher.
This week, global financial markets will usher in a series of major events, with the release of the Federal Reserve minutes, US September inflation data, and the earnings reports of major banks all becoming the focus of investors. US stocks are hovering at high levels, and the future direction depends on the performance of these key data. In addition, the return of the Asia-Pacific market, Tesla's important activities, gold's safe-haven demand and geopolitical risks in oil prices will also play an important role in driving market volatility.
Gold triangle consolidation, range oscillation. After the release of NFP on Friday, gold fluctuated widely and closed above the middle position of 2650. A wide range of fluctuations was formed in the range of 2670-2630. It is expected to be adjusted in this range at the beginning of the week. Technically, the daily MA10/7-day moving average is glued at the current position of 2653, the four-hour chart Bollinger band closing moving average is glued, and the RSI indicator is adjusted in the middle axis. Gold maintains a wide range of fluctuations. Sell high and buy low in operation!
Asian trading strategy:
2631-2633 long, stop loss 2622, target 2650-2660;
2667-2670 short, stop loss 2679, target 2630-2640;
OMtober Bullish Surge with MANTRA Mainnet#OMtober is here! 🧠
So why NASDAQ:OM is the Token to Watch?
MANTRA Mainnet Launch = Bullish for NASDAQ:OM
- Onchain activity set to explode post launch
- Real partnerships driving actual token utility
- Major UAE partnerships go live - NASDAQ:OM holding strong despite market dips
The bullish sentiment surrounding #MANTRA is strong, keep an eye on NASDAQ:OM as the price takes off!
MANTRA Chain Mainnet will include key features such as:
- Verifiable network security and stability, mitigating counterparty risk.
- A trusted platform to deploy institutional capital onchain.
- A foundation for a globally accessible asset class, unlocking the multi-trillion dollar real-world asset economy.
One thing is for certain - don't sleep on MANTRA 💥
Why $OM Hodlers Should Vote Now!
MANTRA DAO new tokenomics proposal is now live.
Let's dive in how it will impact NASDAQ:OM #Hodlers. 👇👇
NASDAQ:OM will be used as Gas Fees token on Chain so it will create scarcity.
Tokens at TGE will be around 880M.
Airdrops are vested and have cliff.
Team tokens are locked for 24 months and has liner vesting too.
Staking rewards will be boosted.
Inflation will be in control.
If you consider all above points, I am sure you will vote in favour of the poll.
Please vote now as a long term NASDAQ:OM #HODLER
snapshot.org
ETHUSD: Local Correction Ahead! Sell!
Welcome to our daily ETHUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the downside. So we are locally bearish biased and the target for the short trade is 2,415.1
Wish you good luck in trading to you all!
BTCUSD: Strong Bullish Bias! Buy!
Welcome to our daily BTCUSD prediction!
We made our analysis today using SMC and ICT trading theories, which, combined with our trading experience all point to the upside. So we are locally bullish biased and the target for the long trade is 62,678
Wish you good luck in trading to you all!
The 45 Degree Line: A Very Effective Tool in Trading.The 45 Degree Line: A Very Effective Tool in Trading.
When the ppix of an asset explodes and forms a very steep slope, the 45 degree line, also known as the 1x1 Gannangle, is an important and very useful tool in technical analysis, used to identify and predict market corrections.
Meaning of the 45 degree line:
The 45 degree line represents an equilibrium trend in technical analysis. It is considered an average support or resistance line, indicating a balance between time and price. This line is particularly important because it suggests a constant and balanced progression of the market.
Main characteristics
-Angle: The 45 degree line forms an angle of 45° with the horizontal axis of the chart.
-Notation: It is often noted 1x1, which means that it represents a movement of one unit of price for one unit of time.
-Interpretation: A trend following this angle is generally considered strong and likely to continue in the same direction.
Use in Technical Analysis
Traders use the 45-degree line in several ways:
-Identifying trend strength: A trend that follows or exceeds the 45-degree angle is considered strong.
-Support and resistance: The line can act as a dynamic level of support in an uptrend or resistance in a downtrend.
-Forecasting movements: Traders can anticipate trend changes when price deviates significantly from the 45-degree line.
-Multi-timeframe analysis: The line can be applied on different time frames, from short-term to long-term, for a more comprehensive analysis.
Integration with other tools
The 45-degree line is often used in conjunction with other technical analysis tools for a more robust analysis. It can be combined with indicators, chart patterns, or other Gannangles to confirm trading signals and improve forecast accuracy.
In conclusion, the 45-degree line is a powerful but often underestimated tool in technical analysis. Its simplicity and versatility make it a valuable tool for traders looking to identify and follow market trends with precision.
Woo-Woo Price Action Prediction for $BTCTesting a method based on some Gann Principles.
In theory, using a circle to square price and time should lead to a theoretical point in time where price could react when a vertical line is applied to the outer right side of the circle. Using a trendline of candle bodies I arrive at an intersection that crosses that time line at the 55k area suggesting a possible drop to that price on Tuesday, October 6, 2024.
Let's give it a whirl.
NOTE: ON MY SCREEN THE CIRCLES FILL THE AREA BETWEEN THE VERTICAL LINES. THIS CHART DID NOT POST AS ORIGNALLY CONTRUCTED OR DISPLAYED ON MY SCREEN. However, the vertical line marking the prediction still stands.