SATS (Ordinals) (KuCoin: SATSUSDT) 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, SATS began a red wave one advance on November 27, 2023. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 26, 2023 and the red wave two (blue sub-waves a-b-c) correction ended on January 25 this year. If this wave count is correct, SATS should be heading next towards the December 26, 2023 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Sats is the 9th token deployed on the BRC-20 Bitcoin network. The Block Runner reviewed the project five months ago.
(Sources: https://satscoin.vip/)
How Will SATS (Ordinals) Trade?
SATS (Ordinals) (KuCoin: SATSUSDT) 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
SATS will takeout the December 26 peak
SATS will drop below the November 27 low
SATS will stay in a trading range between the November 27 low and the December 26 peak until March 22
Posted Using InLeo Alpha
