BunnyPark (Gate.io: BPUSDT) 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, BP began a red wave one advance on June 18. The red wave one peaked on July 7 and the red wave two correction ended on July 27. The red wave three (blue sub-waves i-ii-iii-iv-v) peaked on August 10 and the red wave four (blue sub-waves a-b-c) correction ended on September 1. If this wave count is correct, BP should be heading next towards the August 10 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
BunnyPark is a DeFi + NFT project deployed on BSC focusing on NFT SaaSization and product standardization that allows the output of NFT development standards, diverse gameplay, product rules and application values into a series of standard smart contracts.
(Sources: https://www.bunnypark.com/)
How Will BunnyPark Trade?
BunnyPark (Gate.io: BPUSDT) 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.
BP will takeout the August 10 peak
BP will drop below the June 18 low
BP will stay in a trading range between the June 18 low and the August 10 peak until October 23