Solama (BitMart: SOLAMAUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, SOLAMA began a red wave one advance on February 19. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 8 and the red wave two (blue sub-waves a-b-c) correction ended on April 18. If this wave count is correct, SOLAMA should be heading next towards the March 8 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Solama is the official 'unofficial' Solana mascot. Roshawn Silva reviewed the project two weeks ago.
(Sources: https://www.solama.com/)
How Will Solama Trade?
Solama (BitMart: SOLAMAUSDT) 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
SOLAMA will takeout the March 8 peak
SOLAMA will drop below the February 19 low
SOLAMA will stay in a trading range between the February 19 low and the March 8 peak until May 25