Status (Binance: SNTBTC) 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, SNT began a wave one advance on January 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 13, and the red wave two (blue sub-waves a-b-c) correction ended on March 12. If this wave count is correct, SNT should be heading next towards the February 13 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Status is a messenger, crypto wallet, and Web3 browser. You can watch their latest Town Hall below.
(Sources: https://status.im/)How Will Status Trade?
Status (Binance: SNTBTC) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
SNT will takeout the February peak
SNT will drop below the January low
SNT will stay in a trading range between the January low and the February peak until April 16
Posted via Steemleo
