MANTRA (Binance: OMUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, OM began a red wave one advance on May 23. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 10 and the red wave two (blue sub-waves a-b-c) correction ended on June 24. If this wave count is correct, OM should be heading next towards the June 10 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
MANTRA is a security first RWA Layer 1 blockchain, capable of adherence and enforcement of real world regulatory requirements. Crypto Warehouse reviewed the project three weeks ago.
(Sources: https://www.mantrachain.io/)
How Will MANTRA Trade?
MANTRA (Binance: OMUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below
OM will takeout the June 10 peak
OM will drop below the May 23 low
OM will stay in a trading range between the May 23 low and the June 10 peak until August 11