MANTRA DAO vs Tether (OM)

13 nov 2021

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.