Crypto Contest December 2: Omni
Omni has broken out of the wedge pattern in the daily chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, I believe Omni has completed one cycle from the June 18 low. The five wave advance finished on the August 10, and the three wave correction ended on the November 3. If this wave count is correct, Omni should be heading next towards the August 10 peak.
(Chart courtesy of Tradingview.com)
Disclosure: I am/we are long Omni.
If you think this analysis is correct, upvote this post and upvote the comment "Omni will takeout the September 16 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Omni will drop below the November 3 low".
You can upvote the comment until 3 PM EST December 3 and you can upvote only one comment. 100% of Steem (0.173 STEEM) from this post will be distributed equally to the winners. The winners will be determined by the price action (which one happens first).
Omni will takeout the September 16 peak (7 voters as of 3 PM EST December 3: otisbrown, twinner, anotherjoe, royalmacro, inertia, feelinggood, fortinbuff).
Omni will drop below the November 3 low (14 voters as of 3 PM EST December 3: bleujay, yefet, gregory-f, spinbunny, majes, landofcrypto, jamesbrown, idnit, jdbry, digit, idnit1, mrfoot, mistere, paul-gillbanks).
You won.
Thank you for posting @maarnio and for the opportunity to participate.
Thank you for the winnings.
You are welcome bleujay. Thank you!
Follow n support @bleujay
Thank you @paul-gillbanks. Welcome to Steemit. @good-karma has an Advent calender out with a query a day so far...you might enjoy reading all the replies.
All the Best. Cheers.
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