butterfly harmonic pattern: X=$91 AB=0.78 XA BC=0.88 AB 0.78 4-5=$262 0.88 4-5=$212 0.78 X-3=$164 0.88 X-3=$125 1.13 X-3=$64 1.6 4-5=$45 1.27 X-3=$43 2 4-5=$20 1.6 X-3=$16.5 2.24 4-5=$12
We faced a big drop in OHM price. According to my calculations, the price staying around $60 for a while indicates that there is a strong support line here. In my opinion, the lowest level the price can be for the months of January-April is around $40-45. If it touches this level, there is a great possibility that the price will go up to $200.
The asset is extremely oversold... I smell a pump!
Hi all, I hope you're doing well. We saw some nice price action today which pushed us above some resistance levels and key moving averages. The OHM/DAI pair is currently hovering below a key supply zone where sellers are likely to take profits and could be major resistance. Currently the daily is forming a nice green hammer with encouraging continued volume, but...
Hi all, I hope you're doing well. As my last 2 videos pointed out not only was a bounce quite inevitable given the technicals but the key was higher highs and higher lows. We've flipped and held some key resistance levels as support. We need continued volume to push higher. Here are my thoughts on what to look out for! Please enjoy, and let me know your thoughts...
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...
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...
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...
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...
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...
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....
Olympus DAO (OHM) has been in a downtrend since October 15th and now we're facing a major area of support at around $670 that needs to be held at the 0.382 Fibonacci level of $668. If we cannot hold this level then we will probably head back down to the 0.236 Fibonacci level of $475 which is not too pretty. As of right now we're trying to see where Olympus DAO...
I have updated the current statistical premium levels, according to the recent price action and premium values: Price Range vs Premium Historic Low Premium - 393.97 Low - 602.07 Mid - 885.35 Average* - 1068.19 High - 1168.64 Historic HIGH Premium - 2290.90 Given the fact that pool ended successfully on OIP 52 - Add UST to Treasury OIP 51 - Strategic...
Olympus DAO is at a long term support zone right now, this is a support zone since begin October, Olympus entered this zone 4 times already and I don't think it will break to the downside. This zone is a good place to accumulate some more OHM in my opinion
By calculating the Premium that the market pays from market value backing per Ohm (MVBperOHM) - check here for my spreadsheet we can clearly see the prices that are atractive to some of the biggest holders of sOHM (or staked OHM). Basicaly you either get a loan on RARI FUSE or ABRACADABRA, when the premium is low, so you can LONG it and you terminate the loan...
I'm super bullish on Olympus DAO. Its Trading View pair is OHM/DAI. Double bottom confirmed on the daily so we should see ATH's within the next 2-3 months. A good indicator the past few months for me to test BTC has been OHM. The pairs are inverse to each other basically. Check this: Don't think this will stick now since OHM was flying under the radar - now the...
This could be ATH... or maybe not. From a weekly perspective Olympus offers amazing growth. Another thing is the reality that occupies us seeing that in 4h the movement is losing some strength although we do not see the price fall either. Two things will probably happen after this analysis: either the price goes up or the price goes down. As always. Serve this...