GAMB (KuCoin: GMBETH) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, GMB began a red wave one advance on February 18. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 6, and the red wave two (blue sub-waves a-b-c) correction ended on June 22. If this wave count is correct, GMB should be heading next towards the April 6 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
GAMB aims to give power to online merchants by providing e-commerce software. You can read their latest progress update here.
(Sources: https://gamb.io/)
How Will GAMB Trade?
GAMB (KuCoin: GMBETH) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
GMB will takeout the April 6 peak
GMB will drop below the February 18 low
GMB will stay in a trading range between the February 18 low and the April 6 peak until August 22