Toncoin (Uniswap: TONCOINUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com)
Elliott Wave Analysis
In Elliott Wave terms, TONCOIN began a red wave one advance on October 4, 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 11, 2021 and the red wave two (blue sub-waves a-b-c) correction ended on June 18 this year. If this wave count is correct, TONCOIN should be heading next towards the November 11, 2021 peak in the red wave three.
(Chart courtesy of Tradingview.com)
Funnymentals
Toncoin is a decentralized layer-1 blockchain developed in 2018 by the encrypted messaging platform Telegram. Crypto Investor reviewed the project two months ago.
(Sources: https://ton.org/)
How Will Toncoin Trade?
Toncoin (Uniswap: TONCOINUSD) 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.
TONCOIN will takeout the February 13 peak
TONCOIN will drop below the November 9 low
TONCOIN will stay in a trading range between the November 9 low and the February 13 peak until January 23