Railgun (CoinEx: RAILUSDT) 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, RAIL began a red wave one advance on November 9. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 2 and the red wave two (blue sub-waves a-b-c) correction ended on December 12. If this wave count is correct, RAIL should be heading next towards the December 2 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Railgun is a smart contract system that provides privacy and security to cryptocurrency and DeFi users via Zero Knowledge Proof (ZK-SNARK) technology. MF INCOOM reviewed the project three months ago.
(Sources: https://railgun.ch/)
How Will Railgun Trade?
Railgun (CoinEx: RAILUSDT) 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.
RAIL will takeout the December 2 peak
RAIL will drop below the November 9 low
RAIL will stay in a trading range between the November 9 low and the December 2 peak until January 28
