kalombo

Ecomi OMI possible bearish H&S

Short
kalombo Updated   
OKX:OMIUSDT   ECOMI/Tether
We saw Ecomi try and reach 0.0074$ and now we went down along with btc.
The next Ecomi price will depend on what BTC does too. If BTC will go to 40-44k , or lower, this scenario here makes sense. We have a possible formation of a H&S which could bring us down to the 0.0040$ or a bit lower. Let's see how this plays out.
Price is currently playing in between supports and resistance with a down trend. The H&S could bring us down here IF validated..
Happy holidays and happy trading.
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Comment:
Right shoulder complete, let's see if we break down from the base as predicted a week ago
Comment:
down we go!

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