MilliMeter (Bithumb: MMKRW) 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, MM began a red wave one advance on March 25. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 6 and the red wave two (blue sub-waves a-b-c) correction ended on April 7. If this wave count is correct, MM should be heading next towards the April 6 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
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(Sources: http://mmeter.kr/)
How Will MilliMeter Trade?
MilliMeter (Bithumb: MMKRW) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
MM will takeout the April 6 peak
MM will drop below the March 25 low
MM will stay in a trading range between the March 25 low and the April 6 peak until May 16