Bitget Token (Bitget: BGBUSDT) 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, BGB began a red wave one advance on December 17 last year. The red wave one peaked on January 30 this year and the red wave two correction ended on February 4. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on February 16 and the red wave four (blue sub-waves a-b-c) correction ended on February 24. If this wave count is correct, BGB should be heading next towards the February 16 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Bitget is the "world's largest" copy trading platform for cryptocurrencies. MoneyZG reviewed the project four months ago.
(Sources: https://www.bitget.com/)
How Will Bitget Token Trade?
Bitget Token (Bitget: BGBUSDT) 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.
BGB will takeout the February 16 peak
BGB will drop below the February 13 low
BGB will stay in a trading range between the February 13 low and the February 16 peak until April 7
