Om
🆓MANTRA DAO (OM) May-25 #OM $OMOM is trying to stop the downtrend at 0.15$ zone and if it doesn't lose this zone, it will head to 0.3$ zone in early June. And 0.3$ zone is very important because it could be pushed down again but if successful in conquering this zone, it will hit 0.45$ and 0.55$ zone easily
📈BUY
-Buy: 0.145-0.155$. SL if B
📉SELL
-Sell: 0.29-0.31$. SL if A
-Sell: 0.44-0.46$. SL if A
-Sell: 0.54-0.56$. SL if A
♻️BACK-UP
No Backup Plan
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY and SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
OM Forming Support At Old Weekly ResistanceI'm starting to look at #altcoins below the top 100. $OM looks great here against #BTC.
Taking advantage of the weakness of bitcoin and having the high caps at high prices. I think it's time to look for alternatives further down the list of cryptocurrencies. Om is one of them.
Forming a support area around 600 satoshis, I think it is an ideal candidate to get 30% out in the short term. With a target of 800 satoshis.
Mantradao OMUSDT potential double bottom? OMUSDT recently hit the first upside target from the last video, but was rejected back down below the trendline and 21EMA. If it can recover to that level and maintain it in the next week this could create a double bottom, indicating a possible trend reversal. In the meantime caution is advised as the longer term trend remains bearish.
🆓MANTRA DAO (OM) May-15 #OM $OMOM has just had a quick pump and this is a good sign for a buying force and it could generate a new rally up to 0.55$ zone and even 0.85$ in early June
📈BUY
-Buy: 0.29-0.31$
-Buy: 0.24-0.26$. SL if B
📉SELL
-Sell: 0.39-0.41$. SL if A
-Sell: 0.54-0.56$. SL if A
-Sell: 0.83-0.87$. SL if A
❓Details
🕯Timeframe : 1 Day
📈Red Arrow : Main Direction as BUY & SELL section
📉Blue Arrow : Back-Up Direction as BACK-UP section
🟩Green zone : Support zone as BUY section
🟥Red zone : Resistance zone as SELL section
🅰️A : The Close price of candlestick is Above the zone
🅱️B : The Close price of candlestick is Below the zone
Mantradao OM/USDT at critical support as large cap alts riseThe Mantradao OM/USDT pair is currently at a critical level of support. If we manage to bounce from here there are 3 main targets for taking profit, with the breaking of the red trend line being a fair indicator of a reversal. If we fail to hold 32 cents then the drop down could be significant.
It is perhaps not surprising that OM is having a rough time of it at the moment, given the performance of ETH and other large caps. When money does start to flow into the smaller-cap coins again, OM might finally get to break through that downwards trend line and take it back to the 42-50 cent region (as it could do easily if does a leg up from here completing an ABC pattern, though that speculation remains to be seen).
Start a good growth by completing the pullbackCompleting the pullback to the broken roof.
I think there is a good profit in it, so after completing the pullback, it will be reviewed again and then we will enter.
The best area to buy is marked in purple
Try to get to the right place so as not to lose
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Please Follow us for more profits
Mantradao OMUSDT 20-25% move soon?Mantradao has been seeing lower highs since its Binance listing and appears about to retest this descending trend line in the next few days. If it breaks through to the upside it could see gains of potentially 20% before the next significant area of resistance. If rejected, prices could fall almost 25% before the next strong level of support.
Mantradao S/R levels based n Binance dataAn updated, alternative chart for short-to-medium-term levels of support and resistance for OMUSDT based solely on data from Binance (as this is the exchange trading the most OM volume when last checked). Most resistance is expected around the 44 cent level, decreasing thereafter as the price rises. Downside target is initial price at Binance listing. The fundamentals use cases of this token probably mean it's highly undervalued, though confirmation of a trend reversal is advisable.
There may be signs of a reversal following the recent dip: MACD cross & potential ascending triangle in previous days, not to mention OM nearing the end of a descending wedge. It is also of not that OM has not been following the same path as other alts recently.
Flash crash shows OM support at 0.618fib levelNot financial advice, bit a little drop in the last 12 hours has shown Mantradao to have support at the 36 cent level. This is hypothetically a buying opportunity, subject to the current support holding. Again, not financial advice. If the 0.618 doesn't hold, a more bearish perspective might be advisable.
OM aliveHi traders!
OM is alive!
After accumulation pattern will be broken I expect price at new ATH
Trade safe😎
Symmetrical triangle in Mantradao Cup and handle near completionThere has been a symmetrical triangle pattern forming inside the handle on Mantradao's cup and handle pattern on the daily chart. Considering the potential for Ethereum defi tokens given the recent Eth upgrade, OM may have just printed the final higher low before breaking out of this triangle.
🌧️ OM Possibility Of BreakoutOM has been in a symmetrical wedge for a while now, after dying down from its hype quite a while ago. It may be time for an upswing again after some heavy consolidation. Wait for the breakout of the wedge and find support around the $0.5 level. From there, we can expect healthy gains back up to near ATHs.
Note: This is a risky trade since this is a small cap coin and the project is in its early stages. Please do your own research. This is not financial advice.
Mantradao pullback on daily chart continues to print higher lowsDespite recent negative price action, Mantradao is continuing to print higher lows on the daily chart and the 20EMA is also holding above the 50. Prices remain above the 0.618fib level, which is acting as key support.
🆓MANTRA DAO/USDT Analysis (6/4) #OM $OMThe buying force is still trying to stop the decline of OM and if successful, it will help OM in moving up to 0.65$ or even 0.85$ zone in this April
📅EVENTS
👉Apr 6 : TRO & GAINS Launch
👉Apr 7 : FMT Launch
👉Apr 7 : Zendit Token Offering
📈BUY
-Buy: 0.44-0.46$. SL B
📉SELL
-Sell: 0.64-0.66$. SL A
-Sell: 0.83-0.87$. SL A
♻️BACK-UP
-Sell: 0.44-0.46$. SL A
-Buy: 0.34-0.36$. SL B
❓Details
Condition A : "If 8H candle closes ABOVE this zone"
Condition B : "If 8H candle closes BELOW this zone"
Mantradao Cup and handle targetsA rough estimate on the cup and handle forming with the OMUSDT daily chart suggests the potential for a breakout to above $1.20. That being said, the 1.618 fib extension from the top of the cup is at a slightly lower $1, which is an obvious key psychological level, where may people may be looking to take profit. However, before any break out occurs OM could also face some selling pressure around the 59-60 cent level.
Mantra Dao (OM) Cup and Handle SetupOM shows a long term bullish setup. We have a cup and handle pattern, as well as a retrace currently that extends down to the 61.8% line. The bounce off of this line is bullish by itself, but once the lid is broken, we should see some steep gains up to $1.80 - $2.20
Target for this pattern is technically lower, as previous lip is lower, however because we are in bullish season and about to see the peak of altcoin season, I have adjusted the target from $1.20 to $2.20
The current Fibonacci trade we have would take us to around $1.40, $2.20 and $3.60 - I believe we will at least hit $2.20
$om @MantraDao Breakout Again! #bullish In my opinion if we break the fifty cent phycological barrier we get sent to fifty-six cent area with little resistance. #zendit
Mantradao OMUSDT - The Mother of all Cup & Handles?Mantradao Om is currently downtrending with the rest of the market, but it is still above a key support level. The daily chart has retraced to the 0.618 fib golden pocket zone from its recent high and despite the MACD and RSI appearing bearish still, is potentially forming an impressive cup and handle.
