TOWER (KuCoin: TOWERUSDT) 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, TOWER began a red wave one advance on October 2. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 6 and the red wave two (blue sub-waves a-b-c) correction ended on October 12. If this wave count is correct, TOWER should be heading next towards the October 6 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
TOWER is a token of a TOWER defense game combining the world of blockchain and anime rpg style defense games. You can find their token economics here.
(Sources: https://www.crazydefenseheroes.com/)
How Will TOWER Trade?
TOWER (KuCoin: TOWERUSDT) 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.
TOWER will takeout the October 6 peak
TOWER will drop below the October 2 low
TOWER will stay in a trading range between the October 2 low and the October 6 peak until November 20