marumaruNFT (PancakeSwap: MARUUSD) 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, MARU began a red wave one advance on March 10. The red wave one peaked on March 21 and the red wave two correction ended on April 6. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on May 26 and the red wave four (blue sub-waves a-b-c) correction ended on June 12. If this wave count is correct, MARU should be heading next towards the May 26 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
MARU is an NFT marketplace specializing in hosts and hostesses. Daily Crypto Gems reviewed the project three weeks ago.
(Sources: https://www.maru.supply/)
How Will marumaruNFT Trade?
marumaruNFT (PancakeSwap: MARUUSD) 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
MARU will takeout the May 26 peak
MARU will drop below the April 6 low
MARU will stay in a trading range between the April 6 low and the May 26 peak until July 22