PlutusDAO (Bitget: PLSUSDT) 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, PLS began a red wave one advance on March 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 21 and the red wave two (blue sub-waves a-b-c) correction ended on March 25. If this wave count is correct, PLS should be heading next towards the March 21 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
PlutusDAO is the Arbitrum-native layer 2 governance blackhole. ArbitrumArchives reviewed the project three months ago.
(Sources: https://plutusdao.io/)
How Will PlutusDAO Trade?
PlutusDAO (Bitget: PLSUSDT) 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.
PLS will takeout the March 21 peak
PLS will drop below the March 11 low
PLS will stay in a trading range between the March 11 low and the March 21 peak until May 4
