TOM Finance (Bittrex: TOMUSDT) 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, TOM began a red wave one advance on November 3. The red wave one peaked on November 3 and the red wave two correction ended on November 3. The red wave three advance finished on November 4 and the red wave four correction ended on November 6. If this wave count is correct, TOM should be heading next towards the November 4 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
TOM Finance is a multi-chain based DeFi and NFT platform. You can find their whitepaper here.
(Sources: https://tom.finance/)
How Will TOM Finance Trade?
TOM Finance (Bittrex: TOMUSDT) 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.
TOM will takeout the November 4 peak
TOM will drop below the November 3 low
TOM will stay in a trading range between the November 3 low and the November 4 peak until December 14