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peacefuljustin
Dec 13, 2021 6:13 PM

Olympus DAO (OHM) Was $430 the Bottom? Long

OLYMPUS / DAI STABLECOIN on Ethereum (055475...7722D3)SushiSwap v2 (Ethereum)

Description

Clearly we've been in a bear market trend for Olympus DAO and many other DAO's. A big 70% retrace from it's swing high of $1360 Olympus DAO has been in a downtrend for the past 2 months and we're still trying to find a bottom. I personally believe we're coming close to finding a bottom for Olympus DAO and $430 may be it. However we're still on a continuation of this downtrend so waiting for clear signs of reversals and change of trends is important. But on our RSI readings we've formed some deep troughs and we may be nearing a bottom soon.

Much peace, love, health, and wealth!
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