Propbase (MEXC: PROPSUSDT) 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, PROPS began a red wave one advance on November 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 13 and the red wave two (blue sub-waves a-b-c) correction ended on November 16. If this wave count is correct, PROPS should be heading next towards the November 13 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Propbase is a real estate transaction marketplace. Crypto Mighelle reviewed the project one week ago.
(Sources: https://www.propbase.app/)
How Will Propbase Trade?
Propbase (MEXC: PROPSUSDT) four-hour 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
PROPS will takeout the November 13 peak
PROPS will drop below the November 10 low
PROPS will stay in a trading range between the November 10 low and the November 13 peak until December 26