Crust Shadow (Kraken: CSMUSD) 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, CSM began a red wave one advance on January 1. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 15 and the red wave two (blue sub-waves a-b-c) correction ended on February 25. If this wave count is correct, CSM should be heading next towards the February 15 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Crust provides a decentralized storage network of Web3 ecosystem. Crust Shadow is a “Kusama version” of the Crust network. You can find more details here.
(Sources: https://crust.network/)
How Will Crust Shadow Trade?
Crust Shadow (Kraken: CSMUSD) 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.
CSM will takeout the February 15 peak
CSM will drop below the January 1 low
CSM will stay in a trading range between the January 1 low and the February 15 peak until April 8