Crypto Contest October 16: ECOMI
ECOMI (OKEx: OMIUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, OMI began a red wave one advance on September 26. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 10 and the red wave two (blue sub-waves a-b-c) correction ended on October 14. If this wave count is correct, OMI should be heading next towards the October 10 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Zooming out in the line chart, I believe OMI is currently in the red wave three. The red wave one began in February and the red wave two correction ended in June.
(Chart courtesy of CoinMarketCap.com)
Funnymentals
ECOMI offers a one-stop-shop for digital collectibles through the VeVe app. Daniel Lee covered the latest news yesterday.
(Sources: https://www.ecomi.com/)How Will ECOMI Trade?
ECOMI (OKEx: OMIUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
OMI will takeout the October 10 peak
OMI will drop below the September 26 low
OMI will stay in a trading range between the September 26 low and the October 10 peak until November 23
OMI will takeout the October 10 peak
OMI will stay in a trading range between the September 26 low and the October 10 peak until November 23
Correct. Upvoted your comment:
https://steemit.com/steemleo/@whizben/r2q2kr
OMI will stay in a trading range between the September 26 low and the October 10 peak until November 23
Correct. Upvoted your comment:
https://steemit.com/steemleo/@hn13/r2tdeo
OMI will stay in a trading range between the September 26 low and the October 10 peak until November 23
Correct. Upvoted your comment:
https://steemit.com/steemleo/@yuliyan/r2te5y
OMI will stay in a trading range between the September 26 low and the October 10 peak until November 23
Correct. Upvoted your comment:
https://steemit.com/steemleo/@vanbasten/r2tc28
OMI will takeout the October 10 peak
OMI will stay in a trading range between the September 26 low and the October 10 peak until November 23
Correct. Upvoted your comment:
https://steemit.com/steemleo/@liviarodgers/r2r866
OMI will drop below the September 26 low
OMI will takeout the October 10 peak
OMI will drop below the September 26 low