JOE (Binance: JOEUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, JOE began a red wave one advance on January 1. The red wave one peaked on February 21 and the red wave two correction ended on March 11. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on March 31 and the red wave four (blue sub-waves a-b-c) correction ended on April 8. If this wave count is correct, JOE should be heading next towards the March 31 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
JOE is a decentralized exchange on Avalanche. You can find their stats here.
(Sources: https://traderjoexyz.com/avalanche)
How Will JOE Trade?
JOE (Binance: JOEUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
Rules
This poll will expire in one week. Only one vote per person.
Which one will happen first?
Please select one of the three choices and comment below.
JOE will takeout the March 31 peak
JOE will drop below the March 11 low
JOE will stay in a trading range between the March 11 low and the March 31 peak until May 18