Core (OKX: COREUSDT) has broken out of the triangle pattern in the weekly chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, CORE began a red wave one advance in February. The red wave one peaked in February and the red wave two (blue sub-waves a-b-c) correction ended in October. If this wave count is correct, CORE should be heading next towards the February peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Core is a Bitcoin-powered, EVM-compatible blockchain that combines delegated Proof-of-Work and delegated Proof-of-Stake. You can watch their intro video below.
(Sources: https://www.coredao.org/)
How Will Core Trade?
Core (OKX: COREUSDT) 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
CORE will takeout the August peak
CORE will drop below the October low
CORE will stay in a trading range between the October low and the August peak until January 23, 2024