JUNO (Kraken: JUNOUSD) 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, JUNO began a red wave one advance on August 6. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 11 and the red wave two (blue sub-waves a-b-c) correction ended on August 12. If this wave count is correct, JUNO should be heading next towards the August 11 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Juno is a sovereign public blockchain in the Cosmos ecosystem, which provides an environment for the deployment of interoperable smart contracts. The Dollar Guide reviewed the project three months ago.
(Sources: https://www.junonetwork.io/)
How Will JUNO Trade?
JUNO (Kraken: JUNOUSD) four-hour 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.
JUNO will takeout the August 11 peak
JUNO will drop below the August 6 low
JUNO will stay in a trading range between the August 6 low and the August 11 peak until September 18