Koinos (Uniswap: KOINUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com)
Elliott Wave Analysis
In Elliott Wave terms, KOIN began a red wave one advance in July 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in November 2021 and the red wave two (blue sub-waves a-b-c) correction ended in June this year. If this wave count is correct, KOIN should be heading next towards the November 2021 peak in the red wave three.
(Chart courtesy of Tradingview.com)
Funnymentals
KOIN is a PoW mineable ERC-20 that will determine the initial token supply of the Koinos mainnet; an entirely new blockchain built from the ground up to have the scalability, performance, and upgradeability needed to give everyone in the world ownership and control of their digital selves. You can watch their latest testnet v4 livestream filmed yesterday below.
(Sources: https://koinos.io/)
How Will Koinos Trade?
Koinos (Uniswap: KOINUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com)
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.
KOIN will takeout the March 7 peak
KOIN will drop below the June 18 low
KOIN will stay in a trading range between the June 18 low and the March 7 peak until October 1