Saga (Binance: SAGAUSDT) 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, SAGA began a red wave one advance on April 9. The red wave one peaked on April 9 and the red wave two (blue sub-waves a-b-c) correction ended on April 13. If this wave count is correct, SAGA should be heading next towards the April 9 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Saga is a Layer 1 protocol that allows developers to automatically spin up VM-agnostic, parallelized and interoperable dedicated chains, or “Chainlets,” that provide applications with infinite horizontal scalability. Nee The Guy reviewed the project three days ago.
(Sources: https://www.saga.xyz/)
How Will Saga Trade?
Saga (Binance: SAGAUSDT) 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
SAGA will takeout the April 9 peak
SAGA will drop below the April 9 low
SAGA will stay in a trading range between the April 9 low and the April 9 peak until May 22
Posted Using InLeo Alpha
