Salmonation (PancakeSwap: SUIUSD) 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, SUI began a red wave one advance on December 17, 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 February 13. If this wave count is correct, SUI should be heading next towards the February 8 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
As the first DeFi Blockchain in Indonesia, Salmonchain will serve society and the community with its convenient method for better experiences. Salmonchain is engaged in industry, tourism, property, art, and much more (SRC 20 and SRC721). You can watch their intro video below.
(Sources: https://salmonchain.com/)
How Will Salmonation Trade?
Salmonation (PancakeSwap: SUIUSD) 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.
SUI will takeout the February 8 peak
SUI will drop below the December 17 low
SUI will stay in a trading range between the December 17 low and the February 8 peak until April 29