ECOMI (OKEx: OMIUSDT) has broken out of the triangle pattern in the four-hour chart.
![](https://i.postimg.cc/Wb1BRLQV/nimet-n.png
)(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.
![](https://i.postimg.cc/Y0hz33y5/nimet-n2.png
)(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.
![](https://i.postimg.cc/25td2tPC/nimet-n3.png
)(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.
<iframe width="560" height="315" src="https://www.youtube.com/embed/8BZUNwrJZZg" title="YouTube video player" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>

(Sources: https://www.ecomi.com/)

**How Will ECOMI Trade?**

ECOMI (OKEx: OMIUSDT) daily chart by Tradingview.
![](https://i.postimg.cc/8zwpLQxn/nimet-n4.png
)(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




Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@maarnio/crypto-contest-october-16-ecomi)