The 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...
Completing 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 . . . . Please Follow us for more profits
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.
An updated, alternative chart for short-to-medium-term levels of support and resistance for OMUSDT based solely on data from Binance (as this is the exchange trading the most OM volume when last checked). Most resistance is expected around the 44 cent level, decreasing thereafter as the price rises. Downside target is initial price at Binance listing. The...
Not financial advice, bit a little drop in the last 12 hours has shown Mantradao to have support at the 36 cent level. This is hypothetically a buying opportunity, subject to the current support holding. Again, not financial advice. If the 0.618 doesn't hold, a more bearish perspective might be advisable.
Hi traders! OM is alive! After accumulation pattern will be broken I expect price at new ATH Trade safe😎
There 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 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 $0.5 level. From there, we can expect healthy gains back up to near ATHs. Note: This is a risky trade since this is a small cap coin...
Despite recent negative price action, Mantradao is continuing to print higher lows on the daily chart and the 20EMA is also holding above the 50. Prices remain above the 0.618fib level, which is acting as key support.
The buying force is still trying to stop the decline of OM and if successful, it will help OM in moving up to 0.65$ or even 0.85$ zone in this April 📅EVENTS 👉Apr 6 : TRO & GAINS Launch 👉Apr 7 : FMT Launch 👉Apr 7 : Zendit Token Offering 📈BUY -Buy: 0.44-0.46$. SL B 📉SELL -Sell: 0.64-0.66$. SL A -Sell: 0.83-0.87$. SL A ♻️BACK-UP -Sell: 0.44-0.46$. SL A -Buy:...
A rough estimate on the cup and handle forming with the OMUSDT daily chart suggests the potential for a breakout to above $1.20. That being said, the 1.618 fib extension from the top of the cup is at a slightly lower $1, which is an obvious key psychological level, where may people may be looking to take profit. However, before any break out occurs OM could also...
OM shows a long term bullish setup. We have a cup and handle pattern, as well as a retrace currently that extends down to the 61.8% line. The bounce off of this line is bullish by itself, but once the lid is broken, we should see some steep gains up to $1.80 - $2.20 Target for this pattern is technically lower, as previous lip is lower, however because we are...
In my opinion if we break the fifty cent phycological barrier we get sent to fifty-six cent area with little resistance. #zendit
Mantradao Om is currently downtrending with the rest of the market, but it is still above a key support level. The daily chart has retraced to the 0.618 fib golden pocket zone from its recent high and despite the MACD and RSI appearing bearish still, is potentially forming an impressive cup and handle.