BitMart Token (BitMart: BMXUSDT) has broken out of the triangle pattern in the monthly chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, BMX began a red wave one advance in March 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in September 2021 and the red wave two (blue sub-waves a-b-c) correction ended in May this year. If this wave count is correct, BMX should be heading next towards the September 2021 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
BitMart is a crypto exchange. CryptoStrang reviewed the project two months ago.
(Sources: https://www.bitmart.com/)
How Will BitMart Token Trade?
BitMart Token (BitMart: BMXUSDT) weekly 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
BMX will takeout the July 2022 peak
BMX will drop below the May 2023 low
BMX will stay in a trading range between the May 2023 low and the July 2022 peak until January 22, 2024