CANTO (Bitget: CANTOUSDT) 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, CANTO began a red wave one advance on September 27. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 28 and the red wave two (blue sub-waves a-b-c) correction ended on November 3. If this wave count is correct, CANTO should be heading next towards the October 28 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Canto is a Layer-1 blockchain built to deliver on the promise of DeFi. HouseOfCrypto reviewed the project three weeks ago.
(Sources: https://canto.io/)
How Will CANTO Trade?
CANTO (Bitget: CANTOUSDT) 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.
CANTO will takeout the October 28 peak
CANTO will drop below the September 27 low
CANTO will stay in a trading range between the September 27 low and the October 28 peak until December 10