KardiaChain (KuCoin: KAIUSDT) 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, KAI began a red wave one advance on May 11. The red wave one ended on May 28, and the red wave two correction finished on June 8. The blue sub-wave three ended on August 18, and the blue sub-wave four correction finished on August 27. If this wave count is correct, KAI should be heading next towards the August 18 peak in the blue sub-wave five.
(Chart courtesy of Coinmarketcap.com (log scale))
Funnymentals
Kardiachain is a public blockchain platform focused on Interoperability and providing hybrid blockchain solution/infrastructure for enterprises and governments in Vietnam and other countries in South & East Asia. You can read their latest monthly report here.
(Sources: https://www.kardiachain.io/)
How Will KardiaChain Trade?
KardiaChain (KuCoin: KAIUSDT) daily 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.
KAI will takeout the August 18 peak
KAI will drop below the August 1 low
KAI will stay in a trading range between the August 1 low and the August 18 peak until October 7