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
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.
$OM - Mantra Dao - Launchpad ZendIt to the Moon! twitter.com
Not as symmetrical as I'd like to see a cup and handle, but given where we are in the crypto market cycle overall I remain optimistic for a decent breakout to the upside soon. It'd probably be a stronger signal if the handle continues a little further. I'm not particularly bothered by the high left hand side of the cup, as this is a new chart which includes a...
Mantradao's OM token has made some significant gains against usdt. It is now a matter of seeing if this pattern will continue.
this one will get sent back to highs from before septemberselloff and probably far beyond that minimum 100% in USD from here easy 18.5 RR
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$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!
OM is currently at a decision level, following massive dumps of presales and the first batch of unlocked tokens. For the next 30 days, the direction will be determined by FA news releases made within the next 48-96 hours. With no/negative FA, the price action of OM/USDT pair can become quite merciless, obliterating OM's value. However, it a more likely scenario of...
#om bull flag buy and hodl call binance listing soon hidden gem
jus mapped out some LTF zones and had a look at pennanty apex date monday descision time my bias is still long
OMG falling on hourly, symmetrical triangle forming on larger pattern. This will take time to consolidate. Good resistance around $10 for a bounce, can buy at $8.67 on larger time scale, if trendlines remain unbroken. Look for consolidation, followed by a breakout to $15. Think longer term on the upswing. Just my idea, please share your thoughts.