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Mantra

Alikze »» OM| Pullback to the roof major🔍 Technical analysis: Pullback to the roof major - In the analysis presented before , it was mentioned that it is located in a range area, which after creating demand in the green box area, it was able to advance to the supply area. - But it is currently in a bullish channel in the daily and 12H timeframes. - According to the bottom range of the channel, if it faces demand in the liquidity area, it can grow up to the previous ceiling range of 1.37 in the first step. - In addition, it will have the ability to reach the specified supply area by breaking the previous ceiling. 💎 Alternative scenario: But if the pullback to the broken structure faces selling pressure and breaks it, the correction can continue up to the green box area. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»««« BINANCE:OMUSDT
Long
by alikze
Alikze »» MKR | Bullish Flag🔍 Technical analysis: Bullish Flag - It has been moving in an ascending channel in the daily and weekly time frames. - According to the analysis presented in the previous post, there has been a modification to the bottom of the channel and the ceiling of the previous major. - There is now an ascending flag form with a pullback to the broken cap structure of the major. - Therefore, if the green box meets the demand, according to the momentum and corrective structure of wave 4, it can have targets of 5000-5600-6250 up to Fibo 1.618. To continue the path, it must be above 2500 dollars to touch the specified goals. 💎 Alternative scenario: In addition, according to the previous analysis, if the green box breaks down, the next target can be the range of $1250. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
2
Alikze »» ENS | Ascending channel🔍 Technical analysis: Ascending channel - It is moving in an ascending channel in the daily time frame. - It is currently located in the supply area and the roof of the channel. - If it can be placed above the supply area and break the ceiling, it can touch the targets of 37.5 - 43.75. 💎 Alternative scenario: if it faces selling pressure in the supply area and the ceiling of the channel, it can have downward targets of 25 and then the middle of the channel and the green box. 🛑 Resistance range: 28 - 31.25 🟩 Support range: 18.75 - 22 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Long
by alikze
Alikze »» PENDLE | Triangle corner pattern🔍 Technical analysis: Triangle corner pattern - According to the analysis presented in the previous post, after the inability to break the supply zone, it faced a correction and fell to the green box, which is currently a resistance to continue the path. - Currently, a corner pattern is formed in the daily time frame. - But now it can have two paths. 💎 First scenario : after a dynamic trigger retest, this failure can occur from the bottom and continue until the origin of the movement of the 3.90 correction range. 💎 The second or alternative scenario : if it can break the supply zone with buying pressure and retest the upper supply zone after hitting the dynamic trigger with a pullback to the supply zone. 🛑 Resistance range: 5.07 - 5.46 🟩 Support range: 3.90 »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze
Alikze »» BAKE | Pullback to descending structure🔍 Technical analysis: Pullback to descending structure - It is moving in an ascending channel in the daily time frame. - So far, there have been several positive reactions to the bottom of the channel, which has led to the upward jump of the price. - It is currently facing an important supply range due to the positive reaction to the bottom of the channel. - Therefore, if it cannot stabilize above the supply area, according to the downward momentum, it can lead to the breaking of the bottom of the channel and correction to the range of 0.195. - So in case of this event, this reversal can be a pullback to the broken structure to continue the downward path. 💎 Alternative scenario: if it can influence and stabilize above the supply area, it can fill the FVG gap in the first step and after correction and support in the middle area of ​​the channel, it will reach the target of 0.488. »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze
OMUSD Breaking out. Catch it if you can!Mantra (OMUSD) broke today above the top of its Rectangle, which has been the pattern it consolidated in since late March. The recent low of May 30 was supported just above the 1D MA100 (green trend-line) and that initiated the current rebound. This is not very different than the March 04 break-out, which after holding its 0.5 Fibonacci retracement level, it started an aggressive rally towards the 5.0 Fibonacci extension, registering a +360% rise. This gives us our current Target at 2.800. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
CRYPTO:OMUSDLong
by TradingShot
Alikze »» Pendle | Pullback to broken structure🌐 About Pendle currency: Pendle is indeed a cutting-edge protocol in the DeFi space, designed to allow users to tokenize and trade potential future earnings from their investments. By introducing an innovative Automated Market Maker (AMM) that accommodates assets experiencing time decay, Pendle offers a unique solution that grants users enhanced control over their future yield. 🔍 Technical analysis: It is moving in an ascending channel in the daily and 12H time frames. 💎 After meeting with the trigger and the bottom of the ascending channel, it encountered demand, which continued up to the major ceiling. 💎 Currently, it has faced selling pressure at its major ceiling and midline of the channel, which it has not been able to overcome. 💎 Therefore, due to the fact that a correction structure has been formed, it is expected that with the continuation of the correction to the bottom of the channel and the range of the green box, there will be a pullback to the broken structure. 💎 Alternative scenario: if the supply zone is broken and placed above the midline of the channel, it can experience the continuation of the upward trend up to the ceiling of the channel. »»»«««»»»«««»»»««« Total supply: 258,446,028 PENDLE Circulating supply:154,009,988 PENDLE »»»«««»»»«««»»»««« Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future. Thanks for your continued support. Best Regards,❤️ Alikze. »»»«««»»»«««»»»«««
Short
by alikze
OM - this altcoin can 37x this year, here is whyOM looks very bullish. We can see that the previous downtrend ended with a descending parallel channel on the weekly chart. Now the price is finally breaking out! What is important is to always take a look at the volume indicator. Bullish volume is absolutely very high and at record levels, which confirms the breakout. Whales are buying it, and they cannot hide it. From the Elliott Wave perspective, the complex correction WXYXZ is complete, which is another sign of strength. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Trading is not hard if you have a good coach! Thank you, and I wish you successful trades. MANTRA (OM) is a first of its kind, vertically-integrated and regulatory compliant blockchain ecosystem. The MANTRA OMniverse encompasses the DAO; MANTRA Nodes: a blockchain infrastructure-as-a-service business that includes retail staking, institutional delegation, node management and white-label validator operations; MANTRA Chain: a protocol for regulated assets for the Cosmos ecosystem; and MANTRA Finance: a globally-regulated DeFi platform that brings the speed and transparency of DeFi to the world of traditional finance.
Long
by Xanrox
30
🈹OM - 120 days of accumulationAs 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 trendlines, although we may notice some sort of triangle pattern squeeze happening right now. Technical indicators are telling us that money keeps flowing in, and buyers are taking the control as MFI keeps going up. This could mean, that we could soon see a breakout from: - the accumulation zone(above key level) - macro triangle formation(break dynamic resistance-blue) - horizontal resistance area(red area) In case the market keeps dumping, ideally we'd like to see the price stay above the support area, otherwise the accumulation "power" might be used to push the price lower. Entry: average buy between current price and the area of support(green area) Targets: 0.295 0.338 0.436 0.523 0.608 0.685 0.810 0.882 + use mid/top of the channel trendline as dynamic target ------------------ About OM: MANTRA DAO is a decentralized finance platform with a specific focus on staking, lending and decentralized governance. The project is being built on the blockchain RioChain and will be connected with Polkadot. It is intended to act as an ecosystem for Web 3.0. The platform uses a native utility token, OM, for staking, lending and governance. While the project plans to move to the Polkadot network, the token has been initially issued on the Ethereum blockchain. MANTRA DAO was first announced in June 2020, and the platform went live with its first feature, staking, in October 2020. Source: coinmarketcap
Long
by V0VOLAN
1
MANTRA DAO vs Tether (OM)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 so. This pair did good for us in the past, it can do so again. We are bullish above EMA300/MA200 ($0.210-$0.203). Below this level; warning but bullish long-term. This is what I see happening (green arrows). Either up from the current price or a drop and up anyways. Build your own plan before trading. This should only be used as an extra. This is not financial advice. Thank you for reading. Namaste.
Long
by MasterAnanda
1