Solanium (KuCoin: SLIMUSDT) 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, SLIM began a red wave one advance on September 11, 2023. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 24, 2023 and the red wave two (blue sub-waves a-b-c) correction ended on February 26 this year. If this wave count is correct, SLIM should be heading next towards the December 24, 2023 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Solanium is a decentralized platform for fundraising and trading on the Solana blockchain. They have 13 216 stakers currently.
(Sources: https://www.solanium.io/)
How Will Solanium Trade?
Solanium (KuCoin: SLIMUSDT) 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
SLIM will takeout the December 24 peak
SLIM will drop below the November 22 low
SLIM will stay in a trading range between the November 22 low and the December 24 peak until April 6