Crypto Contest July 6: MANTRA

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

Posted Using InLeo Alpha



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21 comments
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OM will drop below the May 23 low
!BEER

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OM will stay in a trading range between the May 23 low and the June 10 peak until August 11

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OM will drop below the May 23 low

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OM will stay in a trading range between the May 23 low and the June 10 peak until August 11

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OM will stay in a trading range between the May 23 low and the June 10 peak until August 11

!BEER
!BBH
!WINE

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OM will stay in a trading range between the May 23 low and the June 10 peak until August 11
!BEER

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0.000
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OM will stay in a trading range between the May 23 low and the June 10 peak until August 11

0
0
0.000
avatar

OM will stay in a trading range between the May 23 low and the June 10 peak until August 11

0
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0.000
avatar

OM will stay in a trading range between the May 23 low and the June 10 peak until August 11

0
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0.000
avatar

OM will stay in a trading range between the May 23 low and the June 10 peak until August 11

0
0
0.000
avatar

OM will stay in a trading range between the May 23 low and the June 10 peak until August 11

0
0
0.000
avatar

OM will stay in a trading range between the May 23 low and the June 10 peak until August 11

0
0
0.000
avatar

OM will stay in a trading range between the May 23 low and the June 10 peak until August 11

0
0
0.000
avatar

OM will stay in a trading range between the May 23 low and the June 10 peak until August 11

0
0
0.000