Image Generation AI (Bitget: IMGNAIUSDT) 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, IMGNAI began a red wave one advance on October 10, 2023. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 19, 2023 and the red wave two (blue sub-waves a-b-c) correction ended on February 5 this year. If this wave count is correct, IMGNAI should be heading next towards the November 19, 2023 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Nai is an AI-powered image generation bot. DeFi Rebels reviewed the project two months ago.
(Sources: https://imgnai.com/)
How Will Image Generation AI Trade?
Image Generation AI (Bitget: IMGNAIUSDT) 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
IMGNAI will takeout the November 19 peak
IMGNAI will drop below the October 10 low
IMGNAI will stay in a trading range between the October 10 low and the November 19 peak until March 21
Posted Using InLeo Alpha