Assemble Protocol (Bithumb: ASMKRW) 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, ASM began a red wave one advance on January 26. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 26 and the red wave two (blue sub-waves a-b-c) correction ended on May 24. If this wave count is correct, ASM should be heading next towards the April 26 peak in the red wave three.
(Chart courtesy of CoinMarketCap.com)
Funnymentals
Assemble Protocol is a blockchain-based global point integration platform. Cryptology News covered the latest news earlier this month.
(Sources: https://assembleprotocol.io/)How Will Assemble Protocol Trade?
Assemble Protocol (CoinMarketCap: ASMUSD) line chart by CoinMarketCap.
(Chart courtesy of CoinMarketCap.com)
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.
ASM will takeout the April 26 peak
ASM will drop below the January 26 low
ASM will stay in a trading range between the January 26 low and the April 26 peak until July 6
