Kira Network (Gate.io: KEXUSDT) 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, KEX began a red wave one advance on June 29. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 14 and the red wave two (blue sub-waves a-b-c) correction ended on August 26. If this wave count is correct, KEX should be heading next towards the August 14 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Kira Network is "the first" network that hosts, powers and secures DeFi applications with value of real assets at stake. Brave New Coin interviewed the founders earlier this year.
(Sources: https://kira.network/)
How Will Kira Network Trade?
Kira Network (Gate.io: KEXUSDT) 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.
KEX will takeout the August 14 peak
KEX will drop below the June 29 low
KEX will stay in a trading range between the June 29 low and the August 14 peak until October 6