ECOMI (OMI) analysis, going long, what do you think? ECOMI RSI is oversold, volume on mac d is down. bouncing from trend, a good time to buy?
I'm relatively new to technical analysis so please comment below :) What else should I consider to analyze this chart? Any input will always be appreciated.
Good Day
Ecomilong
OMI 👌OMI or ECOMI is a really good coin with good idea in Singapore and can be go to moon 😂🙌
Now OMI on the good support and to my TP can be grow 50% and to next TP can give you 70% profit in spot !!!
So go to explorer and search and read about OMI and next if you think it have not problem buy OMI with SL .
Have a good time guys :)
The Sleeping Giant Part 2 (OMI)I will be linking part one below , best to take a look at that first before starting here .
ECOMI , OMI , this coin right now is in my opinion the most undervalued coin I have come across in the last 3 years. If we just stop and really think about the unique situation this coin is in and ask ourselves , what other coin has the brands mentioned in part one? , no one , what other coin has over a million users on a NFT app?(veve) , no one and yet they are stuck in this sort of limbo where the coin is not accessible to the masses.
The market cap is only one billion dollars and tonight they will be dropping the world's first star wars NFT. What they are doing has not been done before they are pioneers ,what other app in the world has over a million users simultaneously clicking a buy button at the same time? Nobody, is going to have problems , of course the key is to improve over time and from a user of the app since day one , it has come a long way.
Unfortunately, pioneers will always pave the way with sacrifices.
If you have been following the company for months now you would know that an exchange listing is around the corner and in reality it is unpredictable where the price will go but we will speculate with this TA with only volume and data from June 2021.
Fib Dates
June 22 2021
October 10 2021
January 28 2022
May 18 2022
What's interesting about these Fib time zone dates is that there is a May 2022 count , yet again nearly every single alt coin on a macro scale has a Fib date in May 2022 , this is the month i believe we will be topping out for the bull run , check out this TA below.
It is basically impossible to tell where price would land but if we do get a exchange listing and pokemon i think 0.10 by May 2022 is very much possible .
The Sleeping Giant (OMI)This is the path to 0.10 cent this bullrun , is it too crazy of a target? , I don't think so if and only if the following two things happen before May 2022 (cycle Peak):
1. Coinbase listing
2. Pokémon NFT
Selling OMI at these prices should be a crime, stack as much as possible because once these things happen I highly doubt we will see prices under 1 cent again.
The license's veve have cannot be ignored and with the recent deal with marvel and Viz media it is possible that we will get manga NFTs, bringing in the Asian market big time. I will include below a list of public licenses they have.
List of Ecomi VeVe Brand Licenses:
Marvel
DC Collectibles
Ghostbusters
Harley Quinn
Batman
Superman
tokidoki
Back to the Future
Jurassic park
Monster Hunter
Ultraman
Adventure Time
Powerpuff Girls
Star Trek
NFL
General Motors
Ultraman
The truth is it's completely unpredictable where the price of ECOMI will go, ECOMI is nearly done with their move from GOCHAIN network to ETH network , once it's done the first major exchange listing will be announced shortly after. So that leaves us with the million dollar question , when will Pokémon arrive? can the application even take on such a load?, we are approaching nearly 1 million users on veve , it's gonna have to take on at least 10 million for Pokémon, maybe even more. I have faith that the team will pull it off in the end.