MetisDAO (KuCoin: METISUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, METIS began a red wave one advance on June 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 12 and the red wave two (blue sub-waves a-b-c) correction ended on September 21. If this wave count is correct, METIS should be heading next towards the August 12 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
MetisDAO is powering dApps, businesses, and communities with decentralization by scaling Ethereum. Crypto Investor reviewed the project two months ago.
(Sources: https://www.metis.io/)
How Will MetisDAO Trade?
MetisDAO (KuCoin: METISUSDT) 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.
METIS will takeout the August 12 peak
METIS will drop below the June 18 low
METIS will stay in a trading range between the June 18 low and the August 12 peak until November 17