Gnosis (Coinbase: GNOUSD) 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, GNO began a red wave one advance on December 30, 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 8 this year and the red wave two (blue sub-waves a-b-c) correction ended on March 10. If this wave count is correct, GNO should be heading next towards the February 8 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Gnosis is building decentralized infrastructure for the Ethereum ecosystem. mrmasa reviewed the project three months ago.
(Sources: https://www.gnosis.io/)
How Will Gnosis Trade?
Gnosis (Coinbase: GNOUSD) 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.
GNO will takeout the February 8 peak
GNO will drop below the December 30 low
GNO will stay in a trading range between the December 30 low and the February 8 peak until April 21