UFO Gaming (KuCoin: UFOUSDT) 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, UFO began a red wave one advance on June 15. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 14 and the red wave two (blue sub-waves a-b-c) correction ended on September 21. If this wave count is correct, UFO should be heading next towards the August 14 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
UFO Gaming is a decentralized gaming platform with play-to-earn elements, NFTs, and DeFi functionality like staking. Hone Crypto reviewed the project three months ago.
(Sources: https://ufogaming.io/)
How Will UFO Gaming Trade?
UFO Gaming (KuCoin: UFOUSDT) 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.
UFO will takeout the August 14 peak
UFO will drop below the June 15 low
UFO will stay in a trading range between the June 15 low and the August 14 peak until November 10