Sei (Binance: SEIUSDT) 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, SEI began a red wave one advance on August 15. The red wave one peaked on August 15 and the red wave two (blue sub-waves a-b-c) correction ended on August 18. If this wave count is correct, SEI should be heading next towards the August 15 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Sei is the "first" sector-specific Layer 1 blockchain, specialized for trading to give exchanges an unfair advantage. CoinGecko reviewed the project two weeks ago.
(Sources: https://www.sei.io/)
How Will Sei Trade?
Sei (Binance: SEIUSDT) 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
SEI will takeout the August 15 peak
SEI will drop below the August 15 low
SEI will stay in a trading range between the August 15 low and the August 15 peak until September 25