Koma Inu (PancakeSwap: KOMAUSD) 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, KOMA began a red wave one advance on October 26. The red wave one peaked on October 31 and the red wave two correction ended on November 10. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on November 17 and the red wave four (blue sub-waves a-b-c) correction ended on November 22. If this wave count is correct, KOMA should be heading next towards the November 17 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
KOMA, son of Shib and protector of BNB, is a dog themed token built around community driven decentralization and charity. Gerhard - Bitcoin Strategy reviewed the project one week ago.
(Sources: https://komabnb.com/)
How Will Koma Inu Trade?
Koma Inu (PancakeSwap: KOMAUSD) 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
KOMA will takeout the November 17 peak
KOMA will drop below the November 10 low
KOMA will stay in a trading range between the November 10 low and the November 17 peak until January 1
KOMA will takeout the November 17 peak
KOMA will stay in a trading range between the November 10 low and the November 17 peak until January 1
KOMA will drop below the November 10 low