SUKU (Bittrex: SUKUUSD) 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, SUKU began a red wave one advance on August 7. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 9, and the red wave two (blue sub-waves a-b-c) correction ended on August 12. If this wave count is correct, SUKU should be heading next towards the August 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
SUKU is link between open finance, traceability, and transparency. You can watch their intro video below.
(Sources: https://www.suku.world/)How Will SUKU Trade?
SUKU (Bittrex: SUKUUSD) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
SUKU will takeout the August 9 peak
SUKU will drop below the August 7 low
SUKU will stay in a trading range between the August 7 low and the August 9 peak until September 18