Stargate Finance (KuCoin: STGUSDT) 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, STG began a red wave one advance on July 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 25 and the red wave two (blue sub-waves a-b-c) correction ended on August 2. If this wave count is correct, STG should be heading next towards the July 25 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Stargate is a fully composable liquidity transport protocol that lives at the heart of omnichain DeFi. The Brutal Investor reviewed the project three days ago.
(Sources: https://stargate.finance/)
How Will Stargate Finance Trade?
Stargate Finance (KuCoin: STGUSDT) 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.
STG will takeout the July 25 peak
STG will drop below the July 12 low
STG will stay in a trading range between the July 12 low and the July 25 peak until September 12