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OMUSDT

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. --------------------------------------------------------------- VectorAlgo Trade Details ------------------------------ 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. Don't forget to like and follow us for more trading ideas and discussions. Best Regards, VectorAlgo
Short
by VectorAlgo
OM can 12x in a few weeks. Buy now?Technical analysis Since my last technical analysis on OM, this coin made 190%. I believe this trend will continue in the next few weeks and month and soon we will hit a new all time high. We can see that the volume is extremely strong and whales are buying. There is absolutely no sign of weakness at this moment and the price action looks absolutely unstoppable. 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. About MANTRA MANTRA is on a mission to build the world’s preeminent and most-trusted decentralized finance ecosystem by bringing security, compliance and democratized access to DeFi. Through its flagship projects including MANTRA Finance and MANTRA Chain, MANTRA addresses key challenges that have held back institutional adoption of DeFi.
Long
by Xanrox
3
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.
Long
by MyCryptoParadise_Simon
2
OMG/USDT 2 HOURS TRADE SETUP Welcome to this quick Update, everyone. If you are reading my updates for the first time do follow me to get more complex charts in a very simplified way. I also post altcoin setups on Spot, Margin, and Futures. I have tried my best to bring the best possible outcome in this chart. OMG/USDT breaks this DESCENDING CHANNEL pattern and now retests it. Entry: CMP and more upside the 21 MA Targets: 20% TO 25% Stop Loss: $4.4 What's your thought on this? Do hit the like button if you like this update and share your views in the comment section. Thank you #PEACE
Long
by CRYPTOMOJO_TA
2
🈹OM - 120 days of accumulationAs global markets SP:SPX NASDAQ:NDAQ are dumping, so is Bitcoin. This obviously strongly affects altcoins as well. Those aren't the best conditions to trade in, but: The price has been consolidating on 200EMA/key level/node of high volume for over 120days now, and it seems like the accumulation is near its end. In choppy price action, it is hard to rely on trendlines, although we may notice some sort of triangle pattern squeeze happening right now. Technical indicators are telling us that money keeps flowing in, and buyers are taking the control as MFI keeps going up. This could mean, that we could soon see a breakout from: - the accumulation zone(above key level) - macro triangle formation(break dynamic resistance-blue) - horizontal resistance area(red area) In case the market keeps dumping, ideally we'd like to see the price stay above the support area, otherwise the accumulation "power" might be used to push the price lower. Entry: average buy between current price and the area of support(green area) Targets: 0.295 0.338 0.436 0.523 0.608 0.685 0.810 0.882 + use mid/top of the channel trendline as dynamic target ------------------ About OM: MANTRA DAO is a decentralized finance platform with a specific focus on staking, lending and decentralized governance. The project is being built on the blockchain RioChain and will be connected with Polkadot. It is intended to act as an ecosystem for Web 3.0. The platform uses a native utility token, OM, for staking, lending and governance. While the project plans to move to the Polkadot network, the token has been initially issued on the Ethereum blockchain. MANTRA DAO was first announced in June 2020, and the platform went live with its first feature, staking, in October 2020. Source: coinmarketcap
Long
by V0VOLAN
1
OMBTC Technical Analysis⏳ Spot 💎 OMBTC has broken above the Wedge pattern and a major resistance, the price must go lower for the retest the support zone before it continues to the Bullish run 🌐 Tradingview 💵 Invest Only 5% of your Portfolio 🎳 Entry/Pullback now or from 0.00000405 to 0.00000348 ☕️ TP1 0.00000480 🍺 TP2 0.00000612 🍻 TP3 0.00000729 🍾 TP4 0.00000855 🍷 TP5 0.00000995 🍸 TP6 0.00001100 🍹 TP7 🎁 TP8 🚫 SL 0.00000348 to 0.00000293 Good Luck 🎲 Check the Links in Description and If you LIKE this analysis, Please support our page and Ideas by hitting the LIKE 👍 button. ❤️ Your Support is really appreciated! ❤️ Traders, if you have your own opinion about it, please write your own in the comment box. We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. We will have more FREE forecasts in TradingView soon Have a profitable day 😊👍🏻
Long
by Fibonacci-Signals
MANTRA DAO vs Tether (OM)MANTRA DAO (OMUSDT) has multiple bullish signals with mixed feelings on this chart. Mixed feelings because the action is yet to start but the technicals are bullish, I'll explain. Prices are trading above the important MA200 and EMA300 indicators. Also EMA10, EMA50 and EMA100 (not marked). We have a long consolidation period for the past three month or so. This pair did good for us in the past, it can do so again. We are bullish above EMA300/MA200 ($0.210-$0.203). Below this level; warning but bullish long-term. This is what I see happening (green arrows). Either up from the current price or a drop and up anyways. Build your own plan before trading. This should only be used as an extra. This is not financial advice. Thank you for reading. Namaste.
Long
by AlanSantana
1