Suterusu (KuCoin: SUTERBTC) 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, SUTER began a red wave one advance on May 17. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 1, and the red wave two (blue sub-waves a-b-c) correction ended on June 3. If this wave count is correct, SUTER should be heading next towards the April 1 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Suterusu is a privacy protection protocol for transactions and data on the blockchain. You can read their latest project updates here.
(Sources: https://www.suterusu.io/)
How Will Suterusu Trade?
Suterusu (KuCoin: SUTERBTC) 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.
SUTER will takeout the April 1 peak
SUTER will drop below the May 17 low
SUTER will stay in a trading range between the May 17 low and the April 1 peak until July 12