Basenji (Poloniex: BENJIUSDT) 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, BENJI began a red wave one advance on March 25. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 9 and the red wave two (blue sub-waves a-b-c) correction ended on May 21. If this wave count is correct, BENJI should be heading next towards the April 9 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Basenji is the oldest dog breed in history, with Base in it’s name. STOCK INVESTOR reviewed the project one month ago.
(Sources: https://www.basenjibase.com/)
How Will Basenji Trade?
Basenji (Poloniex: BENJIUSDT) 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
BENJI will takeout the April 9 peak
BENJI will drop below the March 25 low
BENJI will stay in a trading range between the March 25 low and the April 9 peak until June 27
