Universal Basic Compute (Raydium: UBCUSD) 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, UBC began a red wave one advance on November 26. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 27 and the red wave two (blue sub-waves a-b-c) correction ended on November 29. If this wave count is correct, UBC should be heading next towards the November 27 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Universal Basic Compute (UBC) represents a "revolutionary" innovation in the field of artificial intelligence (AI), aiming to ensure fair and sustainable access to computational resources for all autonomous AI entities. STOCK INVESTOR reviewed the project three days ago.
(Sources: https://nlr.ai/)
How Will Universal Basic Compute Trade?
Universal Basic Compute (Raydium: UBCUSD) 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
UBC will takeout the November 27 peak
UBC will drop below the November 26 low
UBC will stay in a trading range between the November 26 low and the November 27 peak until January 6