OMUSDT trade in tea and handle pattern. What Next?OMUSDt trade will be boosted from 0%-23% Fib level back towards 100% fib level which will be 5X initial growth.
OMUSDT
OM/USDT { MANTRA DAO } - BULLISH SETUPANALYSIS 🔎
- OM/USDT is on an uptrend supported by the ascending trendline support.
- The market hit a swing high and retraced.
- Price is retesting the ascending trendline support and the key fibonacci retracement zone (0.5 - 0.618 - 0.786).
- There's a relatively high concentration of buyers at this zone.
- The retracement is resisted by the descending trendline resistance.
- Breakout above this descending trendline resistance could be an uptrend continuation signal.
BUY ENTRY ⬆️
- Aggressive entry: the key fibonacci retracement zone.
- Conservative entry: breakout above the descending trendline resistance.
TARGETS 🎯
- Horizontal resistance level (@0.2608).
- Horizontal resistance level (@0.2874).
- Fibonacci extension levels.
SETUP INVALIDATION ❌
- Breakdown below the ascending trendline support and the 0.786 fibonacci retracement level.
SWING TRADE - OMUSDT - LONG POSITION!!PAIR: OMUSDT
BB has been blasted, price is above support level of 0.2150, and above 55EMA as well,, relative volume increased for this pair, co,
Entry: 0.2218
Stop: 0.2104
Take profit: 0.245 to 0.255
OMUSDT long term This coin, Mantra DAO token is a powerful project.
don't hesitate to add to your portfolio
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OMUSDT 4H Analysishi my friends ,
in this chart we have 2 possible scenraio for OM
scenario2 is scary but possible
i think scenario 1 is most possibilty
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.
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).
OMUSDT chart please let me know if anything wrong
dont forget to follw me on TRading view and on twitter
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.
OM/USDTWe've already known this friendly pattern
I just want this correction bloody days to end soon.
BUY !!! OM 1.1$ A Few Days Just Hold ...what is your idea and you think how long we reach to targets?
comment :)
If you make money and complete it, this scenario could happenIIf you make money and complete it, this scenario could happenI
$om @MantraDao Long Position UpdateUpdated chart - Breakout on the horizon for defi as long as btc/eth play nice.
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.
