Gomining (CRYPTO: GMTUSD) 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, GMT began a red wave one advance on January 23. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 31 and the red wave two (blue sub-waves a-b-c) correction ended on February 2. If this wave count is correct, GMT should be heading next towards the January 31 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
GoMining is a liquid Bitcoin hashrate protocol. Tech Hustler reviewed the project three months ago.
(Sources: https://gmt.io/)
How Will Gomining Trade?
Gomining (CRYPTO: GMTUSD) four-hour 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
GMT will takeout the January 31 peak
GMT will drop below the January 23 low
GMT will stay in a trading range between the January 23 low and the January 31 peak until March 10
Posted Using InLeo Alpha