Tensor (Binance: TNSRUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, TNSR began a red wave one advance on July 5. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 20 and the red wave two (blue sub-waves a-b-c) correction ended on July 25. If this wave count is correct, TNSR should be heading next towards the July 20 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Tensor is the "largest" NFT marketplace on Solana. You can find their token allocation below.
(Sources: https://www.tensor.foundation/)
How Will Tensor Trade?
Tensor (Binance: TNSRUSDT) four-hour 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
TNSR will takeout the July 20 peak
TNSR will drop below the July 5 low
TNSR will stay in a trading range between the July 5 low and the July 20 peak until September 4
Thank you.