Pangolin (Gate.io: PNGUSDT) 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, PNG began a red wave one advance on September 7. 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 13. If this wave count is correct, PNG should be heading next towards the October 6 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Pangolin is a community-driven decentralized exchange for Avalanche and Ethereum assets with fast settlement, low transaction fees, and a democratic distribution–powered by Avalanche. CRYPTO BULL reviewed the project one week ago.
(Sources: https://pangolin.exchange/)
How Will Pangolin Trade?
Pangolin (Gate.io: PNGUSDT) 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.
PNG will takeout the October 6 peak
PNG will drop below the September 7 low
PNG will stay in a trading range between the September 7 low and the October 6 peak until November 23