Just an idea, not super confident with it; however, it would appear that the inverse om (crypto) chart looks like a cup and handle . It's messy but the cartoon will do it justice. Around cents is a reasonable short term target, then, hopefully way down to for the inevitable long and prolonged bear market. Also, if my wave counts are correct...pm PST, we are in a...
Here is my analysis of OM USDT on the 8 hour chart which in a giant triangle (orange trendline)
We see a bullish falling wedge (blue) To go long, the best entry at breakout and close of a candle above it!
The entry for long only above 0.1612, stop loss 0.1335.
Below the stoploss line 0.1355 expect the price to decline to 0.0856.
The targets are...
Binance: OM Buy / Long 1D
Entry: 0.25 - 0.26
SL: 1D close below 0.19
MANTRA DAO is a community-governed DeFi platform focusing on staking, lending, and cross-chain DeFi products. MANTRA DAO has built a suite of DeFi products including a multi-asset staking platform, money markets lending protocol, gamified lottery pool, and stablecoin minting...
As 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...
once the closest resistance break no one will stop it to gain 65% profit.
if someone has a brave heart, can take part.
It's not a financial advice be careful before jumping into the trade research on u r own.
these coin has not any historical data on the binance site so for finding the target, i used its complete chart. i try to mention some targets and its probable resistances with using of fibo and ichimoku.
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
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...