sudoswap (Gate.io: SUDOUSDT) 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, SUDO began a red wave one advance on April 25. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 27 and the red wave two (blue sub-waves a-b-c) correction ended on April 28. If this wave count is correct, SUDO should be heading next towards the April 27 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
sudoswap is a fully on-chain NFT AMM protocol. My Crypto Journal reviewed the project two months ago.
(Sources: https://sudoswap.xyz/)
How Will sudoswap Trade?
sudoswap (Gate.io: SUDOUSDT) four-hour 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
SUDO will takeout the April 27 peak
SUDO will drop below the April 25 low
SUDO will stay in a trading range between the April 25 low and the April 27 peak until June 5