OM - this altcoin can 37x this year, here is whyOM looks very bullish. We can see that the previous downtrend ended with a descending parallel channel on the weekly chart. Now the price is finally breaking out! What is important is to always take a look at the volume indicator. Bullish volume is absolutely very high and at record levels, which confirms the breakout. Whales are buying it, and they cannot hide it. From the Elliott Wave perspective, the complex correction WXYXZ is complete, which is another sign of strength. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades.
MANTRA (OM) is a first of its kind, vertically-integrated and regulatory compliant blockchain ecosystem. The MANTRA OMniverse encompasses the DAO; MANTRA Nodes: a blockchain infrastructure-as-a-service business that includes retail staking, institutional delegation, node management and white-label validator operations; MANTRA Chain: a protocol for regulated assets for the Cosmos ecosystem; and MANTRA Finance: a globally-regulated DeFi platform that brings the speed and transparency of DeFi to the world of traditional finance.
Om
OM try to breakout OM / USDT
Yesterday with BTC below 60k some coins did false breakdown and reclaimed the support again after BTC did the same
#Om one of them … now its try to repeat the previous trendline breakouts patterns
As long as it hold above this trendline resistance priority is strong bullish
Navigate Through OM/BTC - MANTRA DAO: SuperTrend BBand Breakout◳◱ On the $OM/ CRYPTOCAP:BTC chart, the Supertrend Bband Breakout pattern suggests a consolidation phase that could precede a trend continuation or reversal. Traders might observe resistance around 0.00001354 | 0.00001635 | 0.00002101 and support near 0.00000888 | 0.00000703 | 0.00000237. Entering trades at 0.0000124 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: MANTRA DAO
▣ Rank: 135
▣ Exchanges: Binance, Kucoin, Hitbtc
▣ Category/Sector: Financial - Lending
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.0000124 ₿
▣ 24HVol: 6.277 ₿
▣ 24H Chng: 15.456%
▣ 7-Days Chng: 12.81%
▣ 1-Month Chng: 11.36%
▣ 3-Months Chng: 672.33%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.00001354 | 0.00001635 | 0.00002101
◢ Support: 0.00000888 | 0.00000703 | 0.00000237
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 0.79
▣ Last 90D: 4.79
▣ Last 1-Y: 2.84
▣ Last 3-Y: 0.87
◲◰ Volatility :
▣ Last 30D: 1.55
▣ Last 90D: 2.11
▣ Last 1-Y: 1.40
▣ Last 3-Y: 1.45
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.65 - Bullish
▣ Reddit sentiment score is N/A
▣ In-depth OMBTC technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
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📈🚀 OM Trade Plan! 🚀📈📊 Analysis:
Support Consolidation: OM has shown prolonged consolidation at the support level, indicating potential accumulation.
Entry Range: Consider laddering into a long position between $0.65 to $0.70, leveraging the current support zone.
Profit Targets: Target profits at $0.85 to $0.90 or $1.00 to $1.05, corresponding to significant resistance levels.
Risk Management: Utilize a stop-loss order placed just below $0.60 to mitigate potential losses.
📈 Trading Strategy:
Entry: Initiate a long position within the specified entry range, capitalizing on the support consolidation.
Targets: Take profits at the identified resistance levels of $0.85 to $0.90 or $1.00 to $1.05.
Risk Control: Implement a stop-loss strategy to manage downside risk effectively and protect capital.
🚨 Note: Exercise caution and monitor BTC and TOTAL closely for potential market dynamics impacting your trade! #OM #TradingPlan #CryptoAnalysis 🌟📊
OM/USDT - MANTRA DAO: BBand Breakout◳◱ On the $OM/ CRYPTOCAP:USDT chart, the Bband Breakout pattern suggests an upcoming trend shift. Traders might observe resistance around 0.78787 | 0.84973 | 1.01416 and support near 0.62344 | 0.52087 | 0.35644. Entering trades at 0.82171 could be strategic, aiming for the next resistance level.
◰◲ General info :
▣ Name: MANTRA DAO
▣ Rank: 152
▣ Exchanges: Binance, Kucoin, Bybit, Gateio, Hitbtc
▣ Category/Sector: Financial - Lending
▣ Overview: None
◰◲ Technical Metrics :
▣ Mrkt Price: 0.82171 ₮
▣ 24HVol: 47,110,666.812 ₮
▣ 24H Chng: 19.884%
▣ 7-Days Chng: 22.15%
▣ 1-Month Chng: 167.86%
▣ 3-Months Chng: 1087.69%
◲◰ Pivot Points - Levels :
◥ Resistance: 0.78787 | 0.84973 | 1.01416
◢ Support: 0.62344 | 0.52087 | 0.35644
◱◳ Indicators recommendation :
▣ Oscillators: NEUTRAL
▣ Moving Averages: STRONG_BUY
◰◲ Technical Indicators Summary : STRONG_BUY
◲◰ Sharpe Ratios :
▣ Last 30D: 5.50
▣ Last 90D: 5.55
▣ Last 1-Y: 2.76
▣ Last 3-Y: 0.81
◲◰ Volatility :
▣ Last 30D: 2.21
▣ Last 90D: 2.18
▣ Last 1-Y: 1.37
▣ Last 3-Y: 1.44
◳◰ Market Sentiment Index :
▣ News sentiment score is N/A
▣ Twitter sentiment score is 0.65 - Bullish
▣ Reddit sentiment score is N/A
▣ In-depth OMUSDT technical analysis on Tradingview TA page
▣ What do you think of this analysis? Share your insights and let's discuss in the comments below. Your like, follow and support would be greatly appreciated!
◲ Disclaimer
Please note that the information and publications provided are for informational purposes only and should not be construed as financial, investment, trading, or any other type of advice or recommendation. We encourage you to conduct your own research and consult with a qualified professional before making any financial decisions. The use of the information provided is solely at your own risk.
▣ Welcome to the home of charting big: TradingView
Benefit from a ton of financial analysis features, instruments and data. Have a look around, and if you do choose to go with an upgraded plan, you'll get up to $30.
Discover it here - affiliate link -
OM/USDT A successful break the Bull pennant, will continue UP!💎 Paradisers, #OM has recently experienced significant market dynamics, with a strong bounce observed after reaching the demand zone area.
💎 Currently, OM's price action is forming a bullish pennant pattern, suggesting a period of consolidation before a probability continuation of the upward movement.
💎 Should #OM successfully break out of the bullish pennant pattern, it would signal a confirmation of the bullish momentum, potentially leading to further upward movement.
💎 However, if #OM fails to break the pattern and instead breaches the support trendline of the bullish pennant, it may indicate a shift in momentum towards the downside. In such a scenario, the price could retrace towards the Bullish OB area around $0.477.
💎 At the Bullish OB area, there's a possibility of significant bouncing, considering the overall bullish structure of #OM. Nonetheless, a breakdown below the OB would suggest increasing bearish pressure, potentially leading to further downside movement.
OM/USDT Potential retesting before continue upward movement!💎 OM has recently encountered notable market dynamics, experiencing a strong rejection at a key resistance area. There's a possibility that OM may retest the support area in the range of 0.45 to 0.4.
💎 If OM demonstrates bullish signs at this support level, such as bullish candle rejections, it could lead to a bounce in price, propelling it back upwards toward the strong resistance area.
💎 However, if the support area fails to hold and there's only consolidation with weak volume, it's likely that OM will break down further, potentially testing the demand area around 0.25.
💎 In such a scenario, it's important for the demand area to facilitate a bounce and for the price to reclaim the support level. Failure to do so would be considered a bearish sign, likely leading to further downward movement.
OM - SHORT opportunity | RSI Divergence#OM/USDT #Analysis
Description
---------------------------------------------------------------
+ I'm seeing clear RSI divergence pointing towards bearish price trend for the OM/USDT
+ Also the chart looks like the price has reached double top pattern which is a bearish pattern.
+ Overall there is a short trade opportunity if we trade carefully.
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VectorAlgo Trade Details
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Entry Price: 0.3056
Stop Loss: 0.3802
------------------------------
Target 1: 0.26770
Target 2: 0.24950
Target 3: 0.22281
Target 4: 0.17431
------------------------------
Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5x
---------------------------------------------------------------
Enhance, Trade, Grow
---------------------------------------------------------------
Feel free to share your thoughts and insights.
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Best Regards,
VectorAlgo
Bulls have held the market, we are preparing for new heightsWe are very close to the middle of the quarter, let's look at the market situation. On average, the movement after the opening of the month is within the planned plan with a target at the retest of 2600-2750 and likely attempts to continue the trend at 2900-3250-3500 due to the positive closing of last year. Against the background of the addition of strong statistics on the dollar and its strengthening, the growth of the crypt turned out to be slower than we would like and 2500 was taken not by the end of the month, but only by the middle of the quarter. This is partly a positive factor for the formation of a stable trend in the average market.
To date, the opening of the second half of the quarter above 2600 is enough to maintain the market. Further, the probability of attempts to gain a foothold in the range of 2750-2900 prevails before the end of the month. However, we can expect an increase in bear activity aimed at reversing the current monthly candle and returning the price below 2500 at the end of the month, which will increase volatility and market disruptions at the change of weekly candles. Today, the bears have once again declared themselves by giving powerful statistics on the dollar, but I think the level of 2600 will stand, in which case we can see the first breakdown of 2750 by the end of this week. If the price goes below 2600, there is a chance of a test of 2500 with a payback by the end of the week. Basically, the most important point will be the approach to the end of the monthly candle, where a strong blow from the bears can be expected, fixing above 2750 by that time will give a technical signal to continue purchases and will significantly reduce the number of sellers.
For the violas, the market remains very dangerous for now because the cue ball has not reliably fixed 50k and the ether has not taken 2750, however, the very fact of a breakdown of 50k and 2500 already gives a technical signal to maintain purchases and a reaction follows on the violas, which gradually prepare the ground for breakouts. If the alt levels taken by the tops are retained, the probability of a bull run at the change of the month will increase.
I am still considering vib cvp drep ooki oax asr atm, which have not fulfilled their technical goals up to 100%+ of current levels. There have been significant impulses for a trend reversal and a return to growth for drep and vib, while the rest of the coins are trading near supports in anticipation of a suitable ground for growth. Stronger gft and df coins are well suited for medium-term investments.
OM Still has another 300% to Go Easily!Well now we see why this coins been on our radar since october. And it has no intention on stopping obviously. don't sleep on OM, the macd refuses to make a bearish cross, we're blowing past fib lines and consolidating without having real breakdowns. This is a definition of bullish
📈 *Name*: MANTRA
🔖 *Symbol*: OM
💲 *Price*: $0.15
📉 *24h Change*: -1.52%
📊 *7d Change*: 45.33%
💰 *Market Cap*: $117905688.24
🔄 *24h Volume*: $113588711.16
🏷️ *Tags*: defi, dao, kenetic-capital-portfolio, exnetwork-capital-portfolio, polygon-ecosystem, bnb-chain
🔎 *Symbol*: `OM/USDT`
📈 *Signal*: `Long`
💲 *Current Price*: `0.14608`
🛑 *Stop-Loss*: `0.06862956`
💰 *Market Cap*: `116161551.11797963`
🚪 *Entry Prices*:
📥 Entry Price 1: `0.11573043999999999`
📥 Entry Price 2: `0.13029978`
📥 Entry Price 3: `0.142075`
📥 Entry Price 4: `0.15385022`
🏁 *Exit Prices*:
📤 Exit Price 1: `0.23008978`
📤 Exit Price 2: `0.25364022`
📤 Exit Price 3: `0.29176`
📤 Exit Price 4: `0.32987977999999996`
🔎 *Symbol*: `OM/BTC`
📈 *Signal*: `Long`
💲 *Current Price*: `3.43e-06`
🛑 *Stop-Loss*: `1.6154e-06`
💰 *Market Cap*: `116161551.11797963`
🚪 *Entry Prices*:
📥 Entry Price 1: `2.7166e-06`
📥 Entry Price 2: `3.0572e-06`
📥 Entry Price 3: `3.3325e-06`
📥 Entry Price 4: `3.6078e-06`
🏁 *Exit Prices*:
📤 Exit Price 1: `5.3902e-06`
📤 Exit Price 2: `5.9408e-06`
📤 Exit Price 3: `6.832e-06`
📤 Exit Price 4: `7.7232e-06`
Purchases for the reversal of the monthly candleToday we have come to the next opportunity for purchases, I want to consider the market situation. Last week, under the pressure of powerful statistics on the United States, unfortunately opened below 2500, after which the market followed the low-volatility scenario that I assumed in this case. During the week, powerful statistics were also added, which led to the 2250 test, which I indicated as the target of the bears in case of consolidation below 2250. But in the average period, growth remains on the inertia of the positive closing of last year and as we approach the end of the month, the probability of a market buy-off with an attempt to turn the current weekly and monthly candles into a bullish one increases.
An additional batch of statistics is coming out tomorrow that will determine the level of volatility. With sufficient buyer activity, there is a high probability of turning the current weekly candle into a bullish one over the weekend. If a new weekly candle opens above the key 2500 level, you can count on maintaining purchases in the new month. If strong statistics are released tomorrow and the euro continues to fall, the volatility of the crypt may turn out to be quite low, in which case the weekly candle will not be able to be deployed, but the struggle for the opening of a new month above 2500 will continue.
Regardless of the growth rate of the market, there is ground for the reversal of monthly candles for individual coins and it makes sense to top up before the end of the month. I continue to rely mainly on coins with the highest unprocessed goals, such as uft vib cvp ooki drep atm asr, which very successfully compensated for the market drawdown and made attempts to reverse. After fixing part of the profit, I transferred to oax in order to retest the high. Against the background of a return to support, I also took on quite strong df and gft coins.
OM/USDT Likely to Go for a Bull Run? 🚀👀 OM Analysis💎Yello, Paradisers! get ready for a potential trading opportunity with OMUSDT. The asset is currently demonstrating substantial activity within the demand zone, hinting at a possible upward trend.
💎MantraDAO has been rigorously adhering to a trading channel pattern. After breaking above this channel, we anticipate a move towards a resistance level, followed by a swift retracement, in line with its historical pattern.
💎There's a strong chance of a bullish development starting from the support level of approximately $0.02098. Now that OM has successfully broken out of the trading channel in an upward direction, we expect it to target resistance levels around $0.0307.
💎Accurate timing is vital for savvy Paradisers. It's key to identify the best entry points during this upward phase, and it's wise to avoid entries at the peak of the trend.
💎However, remain cautious, as there is also a risk of OM dropping below the $0.02098 support level. A fall beneath this critical threshold may cast uncertainty on the likelihood of a continued upward trajectory.
OMUSDT(MANTRA) Daily tf Range Updated till 30-12-23OMUSDT(MANTRA) Daily timeframe range. over 150%+ pump within December 2023. but need to be careful with this one, its a high risk and reward PA. continues push through resistances touched 0.05859. if its not a wick out it can push further if not than back to lows.