Bitkub Coin (CoinEx: KUBUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, KUB began a red wave one advance on October 10, 2023. The red wave one peaked on November 11, 2023 and the red wave two correction ended on November 22, 2023. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on December 13, 2023 and the red wave four (blue sub-waves a-b-c) correction ended on February 7 this year. If this wave count is correct, KUB should be heading next towards the December 13, 2023 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Bitkub Chain aims to be a blockchain infrastructure of Southeast Asia by allowing anyone to interact with decentralized applications with an affordable transaction fee, high-speed confirmation time, and transparency to everyone. You can find their 2024 roadmap here.
(Sources: https://www.bitkubchain.com/)
How Will Bitkub Coin Trade?
Bitkub Coin (CoinEx: KUBUSDT) daily 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
KUB will takeout the December 13 peak
KUB will drop below the November 22 low
KUB will stay in a trading range between the November 22 low and the December 13 peak until March 17
Posted Using InLeo Alpha
