Alkimi (KuCoin: ADSUSDT) 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, ADS began a red wave one advance on July 1. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 14 and the red wave two (blue sub-waves a-b-c) correction ended on July 26. If this wave count is correct, ADS should be heading next towards the July 14 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Alkimi is a decentralised ad exchange, built using the principle of generative economics to rebuild the intended value exchange of the open web. You can watch their latest founders update below.
(Sources: https://www.alkimi.org/)
How Will Alkimi Trade?
Alkimi (KuCoin: ADSUSDT) 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
ADS will takeout the July 14 peak
ADS will drop below the July 1 low
ADS will stay in a trading range between the July 1 low and the July 14 peak until September 1