Tornado Cash (OKEx: TORNUSDT) 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, TORN began a red wave one advance on March 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 14 and the red wave two (blue sub-waves a-b-c) correction ended on March 25. If this wave count is correct, TORN should be heading next towards the March 14 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Tornado Cash is a decentralized, non-custodial privacy solution built on Ethereum. Coin Bureau reviewed the project one month ago.
(Sources: https://app.tornado.cash/)How Will Tornado Cash Trade?
Tornado Cash (OKEx: TORNUSDT) 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.
TORN will takeout the March 14 peak
TORN will drop below the March 12 low
TORN will stay in a trading range between the March 12 low and the March 14 peak until May 4