TREN (Raydium: TRENUSD) 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, TREN began a red wave one advance on April 5. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 8 and the red wave two (blue sub-waves a-b-c) correction ended on April 16. If this wave count is correct, TREN should be heading next towards the April 8 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
TREN is decentralized steroids. Trennette is betting on TREN.
(Sources: https://www.trencoin.net/)
How Will TREN Trade?
TREN (Raydium: TRENUSD) 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
TREN will takeout the April 8 peak
TREN will drop below the April 5 low
TREN will stay in a trading range between the April 5 low and the April 8 peak until May 26
109.685 SRY