OpenDAO (KuCoin: SOSUSDT) 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, SOS began a red wave one advance on December 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 20 and the red wave two (blue sub-waves a-b-c) correction ended on December 22. If this wave count is correct, SOS should be heading next towards the December 20 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
OpenDAO launched its SOS token on Christmas Day 2021 via an airdrop to all users that had bought, sold or traded NFTs on marketplace OpenSea. Crypto 4Light reviewed the project earlier this year.
(Sources: https://www.theopendao.com/)How Will OpenDAO Trade?
OpenDAO (KuCoin: SOSUSDT) 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.
SOS will takeout the December 20 peak
SOS will drop below the December 12 low
SOS will stay in a trading range between the December 12 low and the December 20 peak until January 29
