Gamer Arena (Trader Joe: GAUUSD) 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, GAU began a red wave one advance on January 26. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 26 and the red wave two (blue sub-waves a-b-c) correction ended on June 15. If this wave count is correct, GAU should be heading next towards the March 26 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Gamer Arena is a competitive gaming platform where gamers get rewarded for gaming skills, efforts and loyalties through the Play&Earn model powered by blockchain technology. crypto reviews reviewed the project one week ago.
(Sources: https://about.gamerarena.com/)
How Will Gamer Arena Trade?
Gamer Arena (Trader Joe: GAUUSD) 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
GAU will takeout the March 26 peak
GAU will drop below the June 15 low
GAU will stay in a trading range between the June 15 low and the March 26 peak until August 8