Qubic (Gate.io: QUBICUSDT) 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, QUBIC began a red wave one advance on May 9. The red wave one peaked on May 9 and the red wave two (blue sub-waves a-b-c) correction ended on November 9. If this wave count is correct, QUBIC should be heading next towards the May 9 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Qubic is a decentralised layer 1 network, where scalable tech meets artificial general intelligence (AGI), purpose built from the ground up to transcend the traditional limitations of blockchain. The Great Crypto Escape reviewed the project two weeks ago.
(Sources: https://qubic.org/)
How Will Qubic Trade?
Qubic (Gate.io: QUBICUSDT) 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
QUBIC will takeout the May 9 peak
QUBIC will drop below the May 9 low
QUBIC will stay in a trading range between the May 9 low and the May 9 peak until January 3
QUBIC will drop below the May 9 low
QUBIC will stay in a trading range between the May 9 low and the May 9 peak until January 3
QUBIC will stay in a trading range between the May 9 low and the May 9 peak until January 3