Globiance Exchange (Bitrue: GBEXUSDT) 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, GBEX began a red wave one advance on January 3. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 21 and the red wave two (blue sub-waves a-b-c) correction ended on May 25. If this wave count is correct, GBEX should be heading next towards the March 21 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Globiance is a fintech platform with a centralized exchange, banking services, payment gateways, stable coins, and a decentralized marketplace. Token Topics reviewed the project eight months ago.
(Sources: https://globiance.com/)
How Will Globiance Exchange Trade?
Globiance Exchange (Bitrue: GBEXUSDT) daily 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
GBEX will takeout the March 21 peak
GBEX will drop below the January 3 low
GBEX will stay in a trading range between the January 3 low and the March 21 peak until August 25