GUMMY (Raydium: GUMMYUSD) 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, GUMMY began a red wave one advance on April 20. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 22 and the red wave two (blue sub-waves a-b-c) correction ended on May 14. If this wave count is correct, GUMMY should be heading next towards the April 22 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Gummy is a meme coin, a 420 weed gummy bear, ready to take the Solana ecosystem by storm. Dads Gone Crypto reviewed the project one month ago.
(Sources: https://gummyonsol.com/)
How Will GUMMY Trade?
GUMMY (Raydium: GUMMYUSD) 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
GUMMY will takeout the April 22 peak
GUMMY will drop below the April 20 low
GUMMY will stay in a trading range between the April 20 low and the April 22 peak until July 14