DeepBrain Chain (Gate.io: DBCUSDT) has broken out of the triangle pattern in the monthly chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, DBC began a red wave one advance in March 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in May 2021 and the red wave two (blue sub-waves a-b-c) correction ended in November 2022. If this wave count is correct, DBC should be heading next towards the May 2021 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
DeepBrain Chain is building the "world's largest" distributed high-performance computing power network for AI+Metaverse era. You can read their latest progress report here.
(Sources: https://www.deepbrainchain.org/)
How Will DeepBrain Chain Trade?
DeepBrain Chain (Gate.io: DBCUSDT) monthly 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.
DBC will takeout the May 2021 peak
DBC will drop below the March 2020 low
DBC will stay in a trading range between the March 2020 low and the May 2021 peak until March 17
DBC will drop below the March 2020 low
DBC will stay in a trading range between the March 2020 low and the May 2021 peak until March 17
Correct.