ai16z (Raydium: AI16ZUSD) 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, AI16Z began a red wave one advance on October 25. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 27 and the red wave two (blue sub-waves a-b-c) correction ended on November 3. If this wave count is correct, AI16Z should be heading next towards the October 27 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
ai16z is the "first" venture capital firm, led by AI agents. STOCK INVESTOR reviewed the project three days ago.
(Sources: https://ai16z.ai/)
How Will ai16z Trade?
ai16z (Raydium: AI16ZUSD) 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
AI16Z will takeout the October 27 peak
AI16Z will drop below the October 25 low
AI16Z will stay in a trading range between the October 25 low and the October 27 peak until December 10
AI16Z will drop below the October 25 low
AI16Z will stay in a trading range between the October 25 low and the October 27 peak until December 10