Torum (Huobi: XTMUSDT) 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, XTM began a red wave one advance on November 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 30 and the red wave two (blue sub-waves a-b-c) correction ended on December 19. If this wave count is correct, XTM should be heading next towards the November 30 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Torum is a SocialFi Metaverse ecosystem that is specially designed for cryptocurrency users and projects. Digits Club reviewed the project four months ago.
(Sources: https://intro.torum.com/)
How Will Torum Trade?
Torum (Huobi: XTMUSDT) 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.
XTM will takeout the November 30 peak
XTM will drop below the November 22 low
XTM will stay in a trading range between the November 22 low and the November 30 peak until January 27