Mantra Dao is seriously gaining momentum and setting up a major breakout. The target is high but not out of reach. We found new support which defines our trading range before the breakout. Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my...
Mantradao has formed a perfect cup on the weekly chart and hit a new all-time-high in the last 24 hours. It now has strong support around 50 cents with a 0.618fib golden pocket giving support at 32. Next macro target is $1 as this will most likely be a key psychological level, although the 1.618 fib extension target (not shown) would now be $1.15. As the...
Mantradao's OMBTC pairing on Binance appears to be forming an ascending triangle which could be a reversal pattern. It's arguably working on an inverse head and shoulders if you squint hard enough). If it were to break to the upside, the indicated price target would be around 900sats. However, one must remember that this is a very new chart and be accordingly cautious.
Mantradao's OM token has had a fairly standard price spike following its listing on Binance. After breaking out of a descending wedge, its next bullish target looks to take it back up to the level it was trading at last September. Link to article on Binance effect here: bitcoinexchangeguide.com
Hi traders! OM is looking veeery good! -Nice fundamentals -Strong brake out with high volume and retest -Correction in shape of ABC where C is ending diagonal(1-2-3-4-5) -Bullish brake out of ending diagonal and retest now -BTC pair is also looking promising 🚀 🚀 🚀 Trade safe!😎
Mantradao is doing well today following its Binance listing. Statistically these listings can result in a 106% price spike, though even that would still be below its previous ATH.
After bouncing off the 4hr 200EMA from a descending broadening wedge, OMUSDT's cup and handle speculated previously appears to remain in play. OM's seen a fair bit of price action around this level before, so we might bounce around here a while longer. However, if the market remains bullish we could soon se a breakout up to around the 50cent mark indicated by the crockery.
$OM - Mantra Dao - Launchpad ZendIt to the Moon! twitter.com
Not as symmetrical as I'd like to see a cup and handle, but given where we are in the crypto market cycle overall I remain optimistic for a decent breakout to the upside soon. It'd probably be a stronger signal if the handle continues a little further. I'm not particularly bothered by the high left hand side of the cup, as this is a new chart which includes a...
Mantra DAO gained some major momentum over the last weeks. We are currently within the last trading range befor the final breakout right to the top. The volume increased steadyli over time which is a major bullish sign. We now got a pullback which is healthy for further gains. Enjoy the ride and don't be too greedy. If you like the content, please like,...
Mantradao's OM token has made some significant gains against usdt. It is now a matter of seeing if this pattern will continue.
this one will get sent back to highs from before septemberselloff and probably far beyond that minimum 100% in USD from here easy 18.5 RR
Looking for a crypto that's only just starting to pump?
This is just the beginning of the BULLISH side of the cup formation! Enjoy the ride. #altseason2021 #defi #long
$om is currently touching the bottom of this daily channel. Each time this has happened we got a nice bounce. I am expecting it to hit old support/resistance levels!
The project : A lot of DEFI project went out on a wrong timing during summer, a lot of them don't have taste the bull run. On the DEFI jungle some deserve a special attention. Mantra Dao a decentralised plateform that permit to lend coins with less collateral than snx, based on a scoring like a bank ; the collaleral will be variable (and that the actual problem of...
Here is a quick one. Honestly looking for a higher low here. Trending down. We could be seeing accumulation phase taking place, but for that to be proven right, we need to first see a higher low form. The RSI resistance needs to be broken as well. First lets put in a higher low. The bearish fib extension is holding some support at the 127% level, but if it...