Binamon (KuCoin: BMONUSDT) has broken out of the triangle pattern in the four-hour chart.
Elliott Wave Analysis
In Elliott Wave terms, BMON began a red wave one advance on October 27. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 29 and the red wave two (blue sub-waves a-b-c) correction ended on November 3. If this wave count is correct, BMON should be heading next towards the October 29 peak in the red wave three.
Funnymentals
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(Sources: https://binamon.org/)
How Will Binamon Trade?
Binamon (KuCoin: BMONUSDT) four-hour chart by Tradingview.
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25 (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.
BMON will takeout the October 29 peak
BMON will drop below the October 27 low
BMON will stay in a trading range between the October 27 low and the October 29 peak until December 11