BOLT (KuCoin: BOLTBTC) 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, BOLT began a red wave one advance on May 7. The red wave one finished on May 30, and the red wave two correction ended on June 3. The red wave three advance finished on June 11, and the red wave four correction ended on June 15. If this wave count is correct, BOLT should be heading next towards the June 11 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the daily chart, I believe BOLT is currently in the red wave three (blue sub-wave v). The red wave three began on May 7.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
BOLT’s vision is to be an inclusive economy, powered by the world's stories. You can watch their latest AMA below.
(Sources: https://bolt.global/)How Will BOLT Trade?
BOLT (KuCoin: BOLTBTC) 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.
BOLT will takeout the June 11 peak
BOLT will drop below the June 3 low
BOLT will stay in a trading range between the June 3 low and the June 11 peak until July 23