Before I am hated for sharing this trade-idea, please let me say that I was one of the few that caught this bullish wave for my readers. So please don't hate me for doing my job. It is a friendly warning so you don't get caught in the downturn.
It is just that the chart is bearish now and so we share it for what it is. It is my pleasure to alert you of any major changes before they take place.
MantraDAO (OMUSDT) grew massively and it was an awesome wave. We saw this on the BTC and USDT pairs. Once it is up though, we don't like it anymore. Once the top is in, it can only go down and that is exactly what I am seeing here.
Once the inverted cup pattern or rounded top is in, with prices moving below baseline support, it is over, there is no going back. Once this happens you get a correction and this can be a small or a big one.
The small one happened between July and August 2024. We are about to experience the big one. OMUSDT is preparing for a major drop.
This pair produced massive growth, more than 8,000%. It is only normal to see a strong correction after massive growth, but when the correction is over it will grow again.
We are set for a great 2025. Let it drop, we will look at it again when the low is in. We will get the bottom with leverage before the market turns green. Patience is key...
Prepare for the crash.
Namaste.
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