Bezant (Bithumb: BZNTKRW) 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, BZNT began a red wave one advance on March 13. The red wave one finished on May 5, and the red wave two correction ended on May 11. The red wave three advance finished on June 8, and the red wave four correction ended on June 11. If this wave count is correct, BZNT should be heading next towards the June 8 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Bezant is a decentralized payment platform enabling the creation of "robust" applications. You can watch their intro video below.
(Sources: https://bezant.io/#/)How Will Bezant Trade?
Bezant (Bithumb: BZNTKRW) 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.
BZNT will takeout the June 8 peak
BZNT will drop below the May 31 low
BZNT will stay in a trading range between the May 31 low and the June 8 peak until August 1