Crypto Contest February 12: GMT

GMT (Binance: GMTUSDT) 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, GMT began a red wave one advance on October 11, 2023. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 7 this year and the red wave two (blue sub-waves a-b-c) correction ended on February 7. If this wave count is correct, GMT should be heading next towards the January 7 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

STEPN is a web3 lifestyle app with social & game elements. Crypto With James reviewed the project four months ago.

(Sources: https://www.stepn.com/)

How Will GMT Trade?

GMT (Binance: GMTUSDT) 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

GMT will takeout the January 7 peak

GMT will drop below the October 11 low

GMT will stay in a trading range between the October 11 low and the January 7 peak until March 19