OMNI / TetherUS

Analysis of OMNI and plan for possible purchase.

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Although Bitcoin is rising and renewing new highs, I am keeping an eye on the alts, as many of them can provide excellent swing trading opportunities, such as OMNI, which can retrace to an important support zone and provide an excellent opportunity with a very advantageous risk/return ratio.

I will be opening a trade in OMNI if it creates a trap at support or if in shorter time frames such as 1h it creates a reversal pattern.

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