Axl Inu (Gate.io: AXLUSDT) 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, AXL began a red wave one advance on March 15. The red wave one peaked on March 16 and the red wave two (blue sub-waves a-b-c) correction ended on October 4. If this wave count is correct, AXL should be heading next towards the March 16 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Axl is a decentralized exchange with smart routing on ETH Chain (ETH) and Binance Smart Chain (BSC) that will support liquidity providing, yield farming, staking, launching IDO, NFT and lending & borrow. You can find their whitepaper here.
(Sources: https://www.axltoken.com/)
How Will Axl Inu Trade?
Axl Inu (Gate.io: AXLUSDT) 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.
AXL will takeout the August 26 peak
AXL will drop below the October 4 low
AXL will stay in a trading range between the October 4 low and the August 26 peak until November 12