ECOMI/Tether

ECOMI OMI Done retrace?

353
After an devastating downtrend, OMI seems to have finally bottomed in early 2023.

Rejected at previous resistance at 0.236 level, but triggered reversal, which should lead on the next impulse at least to 0.382 levels or beyond. Minimal midterm target will be 0.786/0.886 before eventually going for new ATHs

Dropping below local 0.886 would lead to more downside tho.
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Nota
Do we see a nice deviation bottom? snapshot
Nota
it went a bit lower as always but it turned out price has reversed at the 1.618 and now has also flipped the long downtrend. snapshot expecting now at least a retest of 0.618-0.886
Nota
0.003 - 0.009 that is

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