Skrumble Network (Huobi: SKMBTC) 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, SKM began a red wave one advance on May 8. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 10, and the red wave two (blue sub-waves a-b-c) correction ended on May 15. If this wave count is correct, SKM should be heading next towards the May 10 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Skrumble Network is a public chain for decentralized communication-centric connections and financial transactions. You can watch their latest update below.
SKM Community & V2 MainNet Begins from Skrumble on Vimeo.
(Sources: https://skrumble.network/)How Will Skrumble Network Trade?
Skrumble Network (Huobi: SKMBTC) four-hour 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.
SKM will takeout the May 10 peak
SKM will drop below the May 8 low
SKM will stay in a trading range between the May 8 low and the May 10 peak until June 25