Tokamak Network (Upbit: TONKRW) has broken out of the triangle pattern in the daily chart.
Elliott Wave Analysis
In Elliott Wave terms, TON began a red wave one advance on November 4, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 2 this year and the red wave two (blue sub-waves a-b-c) correction ended on June 22. If this wave count is correct, TON should be heading next towards the April 2 peak in the red wave three.
Funnymentals
Tokamak Network is a protocol platform for building and connecting layer 2 networks. You can read their latest bi-weekly report here.
How Will Tokamak Network Trade?
Tokamak Network (Upbit: TONKRW) daily chart by Tradingview.
Prizes
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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.
TON will takeout the April 2, 2021 peak
TON will drop below the November 4, 2020 low
TON will stay in a trading range between the November 4, 2020 low and the April 2, 2021 peak until September 25