Dream Machine Token (MEXC: DMTUSDT) 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, DMT began a red wave one advance on March 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 28 and the red wave two (blue sub-waves a-b-c) correction ended on March 30. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on April 1 and the red wave four (blue sub-waves a-b-c) correction ended on April 6. If this wave count is correct, DMT should be heading next towards the April 1 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Dream Machine Token is an Arbitrum L3 play-to-win gaming and casino platform. CryptoTube reviewed the project nine months ago.
(Sources: https://sankodreammachine.net/)
How Will Dream Machine Token Trade?
Dream Machine Token (MEXC: DMTUSDT) four-hour 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
DMT will takeout the April 1 peak
DMT will drop below the March 22 low
DMT will stay in a trading range between the March 22 low and the April 1 peak until May 12