KlimaDAO (Gate.io: KLIMAUSDT) 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, KLIMA began a red wave one advance on February 4. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 28 and the red wave two (blue sub-waves a-b-c) correction ended on April 27. If this wave count is correct, KLIMA should be heading next towards the March 28 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
KlimaDAO is building the infrastructure for a transparent, neutral, and public Digital Carbon Market to accelerate climate finance on a global scale. There are currently 20,393,479 tonnes of digital carbon credits available via KlimaDAO.
(Sources: https://www.klimadao.finance/)
How Will KlimaDAO Trade?
KlimaDAO (Gate.io: KLIMAUSDT) 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
KLIMA will takeout the March 28 peak
KLIMA will drop below the February 4 low
KLIMA will stay in a trading range between the February 4 low and the March 28 peak until June 5