Tranchess (Binance: CHESSUSDT) 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, CHESS began a red wave one advance on December 17, 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 27 this year and the red wave two (blue sub-waves a-b-c) correction ended on March 11. If this wave count is correct, CHESS should be heading next towards the February 27 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Tranchess is a yield enhancing asset tracker with varied risk-return solutions. You can watch their intro video below.
(Sources: https://tranchess.com/)
How Will Tranchess Trade?
Tranchess (Binance: CHESSUSDT) 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.
CHESS will takeout the February 27 peak
CHESS will drop below the December 17 low
CHESS will stay in a trading range between the December 17 low and the February 27 peak until April 30
