Immutable (Binance: IMXUSDT) 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, IMX began a red wave one advance in November 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in March 2023 and the red wave two (blue sub-waves a-b-c) correction ended on September 11. If this wave count is correct, IMX should be heading next towards the March 2023 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Immutable is the "leading" platform for building web3 games on Ethereum. Gerhard reviewed the latest pump today.
(Sources: https://www.immutable.com/)
How Will Immutable Trade?
Immutable (Binance: IMXUSDT) 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
IMX will takeout the July 28 peak
IMX will drop below the September 11 low
IMX will stay in a trading range between the September 11 low and the July 28 peak until October 27