Bittensor (MEXC: TAOUSDT) 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, TAO began a red wave one advance on July 3. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 25 and the red wave two (blue sub-waves a-b-c) correction ended on August 17. If this wave count is correct, TAO should be heading next towards the July 25 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Bittensor is an open-source protocol that powers a decentralized, blockchain-based machine learning network. Crypto Empire reviewed the project 12 days ago.
(Sources: https://bittensor.com/)
How Will Bittensor Trade?
Bittensor (MEXC: TAOUSDT) 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
TAO will takeout the July 25 peak
TAO will drop below the July 3 low
TAO will stay in a trading range between the July 3 low and the July 25 peak until October 3