OMUSDT
OM sell/short setupThe price is within a large range.
Now the price is approaching the upper part of the range.
At the bottom of the chart, we have a large liquidity pool that is expected to be swept away soon.
The targets are clear on the chart.
If it reaches the supply range, we will look for sell/short positions.
Closing a daily candle above the invalidation level will violate the analysis
For risk management, please don't forget stop loss and capital management
When we reach the first target, save some profit and then change the stop to entry
Comment if you have any questions
Thank You
#OM/USDT#OM
The price is moving in a bearish channel on the 12-hour frame and is largely sticking to it
The price rebounded well from the green support area at the 0.5800 support level, which is a strong level
We have a trend to hold above the Moving Average 100, which is strong support for the rise
We have very strong oversold saturation on the RSI indicator to support the rise, with a downtrend about to break higher
Entry price is 0.6700
The first target is 0.8100
The second target is 0.9000
The third goal is 1,000
OMUSDT.1DThe daily chart for OM/USDT presents a detailed overview of the price movement and potential future actions.
Support and Resistance Levels:
R1 ($1.0626): This is a significant resistance level where previous rallies have found selling pressure.
R2 (Not numerically marked but evident through the trendline): This is a projected upper resistance following the ascending trendline.
S1 ($0.7760): This level has previously acted as a strong support where the price has rebounded multiple times.
S2 (Marked by the lower dashed line on the chart): This secondary support could be crucial if a more substantial price decline occurs.
Current Price Action:
The price of OM is currently below R1, indicating that it is in a consolidation phase within a larger uptrend as marked by the ascending resistance trendline.
The current price breakout above S1 suggests that buyers are active and the market sentiment might be turning bullish.
Technical Indicators and Patterns:
The ascending trendline indicates a long-term bullish trend that OM is attempting to maintain.
The recent upward movement suggests that the market could be gearing towards a test of R1. A breakout above R1 would be significant and could lead to an approach towards R2, guided by the upper ascending trendline.
Potential Trading Strategy:
Bullish Scenario: Should the price continue to rise and break above R1, traders might consider entering long positions with a target at R2, maintaining a stop-loss just below R1 to protect against potential reversals.
Bearish Scenario: If the price fails to sustain current levels and breaks below S1, it could signal a potential bearish downturn towards S2. Traders could look to short on a breakdown below S1 with a tight stop-loss above it.
Conclusion: The OM/USDT chart suggests a bullish outlook with a caution to monitor the resistance at R1 closely. Traders should look for volume confirmation on any breaks above this level to confirm the strength of the move. Remaining vigilant for any reversal signs is crucial, as breaking below S1 could alter the bullish scenario significantly.
OM ANALYSIS🔮 #OM Analysis - Breakout Trading
🌟🚀 #OM was trading in a Bearish Pennant Pattern in weekly time frame and breakout the pattern. But there is an instant resistance, if the price closes above the resistance then we could target for next resistance☑️
🔖 Current Price: $0.8350
⏳ Target Price: $1.0054
⁉️ What to do?
- We have marked crucial levels in the chart . We can trade according to the chart and make some profits💸
#OM #Cryptocurrency #Breakout #DYOR
SUNUSDTGod's money
Our trust is in God
In today's society, money is God, if you are rich, you are God of people
So step by step in the direction of analysis and successful entry and exit, God of the people, be patient and be patient
Sun currency has reached the resistance zone, it is forced to collect and distribute in order to continue moving and aiming for price increase. And the price drop becomes more likely.
So you can enter the market at specified points and make a profit.
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
📈🚀 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.
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Om/Usdt Plan Based on the 4-hour timeframe chart, the Om/Usdt price appears to be breaking out of a triangle pattern with a notable increase in trading volume. If this breakout is confirmed and sustained, it could potentially signal the beginning of a strong bullish rally in the near future. However, it is important to note that this information is for educational purposes only and should not be considered financial advice. It is always recommended to conduct your own research (DYOR) before making any investment decisions.
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#OM
The price is moving in an upward trend on a 1-day frame
We have a stability higher than moving average of 100
Now we have a commitment to the uptrend perfectly
Our RSI indicator has a strong uptrend
Entry price is 0.35166
The first target is 0.39866
The second target is 0.4398
The third goal is 0.4867
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
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+ 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
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Target 1: 0.26770
Target 2: 0.24950
Target 3: 0.22281
Target 4: 0.17431
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Timeframe: 1D
Capital: 1-2% of trading capital
Leverage: 5x
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Enhance, Trade, Grow
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Best Regards,
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.
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