OHMDAI finally seems to be waking up after a lof of heavy selling and speculators being liquidated over the past few weeks. We have a nice bullish cross on the 4h SMAs coupled with nice sustained volume. We have broken local resistance and need badly to hold that as support should we fall to it. Up 40% from our recent low and 25% from my video yesterday, which is...
Watch OHM break out of the short-term falling wedge to retest the 580 level. If that happens we might have a chance to reclaim ALT highs.
The recent dump flushed out all of the leveraged holders. Olympus has wrapped up their migration from V1 to V2. It's a great time to accumulate and hold for rebases until the channel top around $1400
We've had a big bounce off the low blue trend line. Now have to overcome the more recent downward trend, but if a candle can close above we should be heading back to 2k
Listen, it was fun while it lasted; Printing unlimited free money every eight hours? Wow, great project. The truth is, that everything comes to an end. Don't be that guy who refuses to take profit. We are going LOW. How low? Low enough to emotionally, financially, and spiritually destroy you along with your pathetic little portfolio. All you had to do was listen.
Howdy! Hope everyone is having a good weekend out there. Green hammer, huge volume (biggest green volume on the daily ever for this pair), nice bounce from support confluence. We need VOLUME and to start making higher highs/low as well as flipping resistance to support. All my ideas are laid out here for you. Let me know your thoughts and any ideas you might have!...
Olympus looking good on this fractal , Looking for a move away fro the 78.6 / consolidation, and then a break out of the trendline... Could see 2k target...
ohm is a pretty solid project, with the development of gOHM the whole project is set to become even more accessible and popular. we look to be quite close to the bottom, but making a new all time low would be quite bearish.
Hi all, hope you enjoy my analysis here. Do let me know if you prefer written or oral style updates. I certainly prefer to listen to content and find it easier as an explainer. Obviously I'm charting OHM and not gOHM here, IMO supply and demand aren't the same between the two so it's worth looking at OHM as that's what I feel most investors are looking at. My last...
ohmies pain continues, have seen the salt all over twitter and tradingview it should* bounce here the way the community is behaving, it probably wont shame to see such a revolutionary idea be crushed so heavily in terms of market cycles welp the treasury aint going anywhere, see if the ohmies can actually govern a dao instead of being yessmen i doubt it...
So the last 2 ideas I posted were shortly followed by nice pumps, but couldn't be sustained for whatever reason. The fundamentals of OHM seem sound, the community is vibrant and it has a huge first mover advantage in it's area (algorithmic stablecoins on ETH). Value investors are surely paying attention here for the long term play. OHM forks have been sucking...
Little messy and little long shot. but KEY level is there, Channel is there.... Will see if price action will follow. If not. We will go deeper
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...
Most Cryptos have been on the down trend since the start of December and SUSHISWAP:OHMDAI is no exception. However I believe it will start to hit resistance now around $400-$350. OHM founders also announced on Dec 12 via twitter they will expand the networks you are able to buy OHM on. Making it so more people can access with their preferred layer 1 and this...
Aftet it was looking like the last 4h bullish divergence was the bottom, we have come back down to test the same support range, with a small deviation below. The original 4h bull div in my last idea is still valid, but now we have a clear double bottm and a double bull div. The 2nd one is because the price made a double bottm, while the price made a higher low....
Very simple idea here guys/gals. The dump has been endless, the daily RSI now nearing as oversold as it has ever been for OHM. We have a nice bullish divergence setting up on the 4HR RSI (Lower low in price, higher low on the oscillater). We need volume, a lot of volume to get back up. After many failed attempts at reversing I think it's inevitable that will...
Next possible OHm move. If not, we are goig lower. Will see.
Honestly have been quite bummed with the seemingly never ending sell off of OHM. Daily is oversold and possibly a nice bullish reversal in play here. Looking for some volume to push price higher. Invalidation below neckline in red. Any critique welcome :)