Crypto Contest March 21: GMT Token

GMT Token (PancakeSwap: GMTUSD) has broken out of the triangle pattern in the daily chart.

(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, GMT began a red wave one advance on June 27, 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 16, 2021 and the red wave two (blue sub-waves a-b-c) correction ended on March 5 this year. If this wave count is correct, GMT should be heading next towards the October 16, 2021 peak in the red wave three.

(Chart courtesy of Tradingview.com)

Funnymentals

GMT Token is a token backed by computing power which brings daily Bitcoin rewards. Crypto Profit reviewed the project six months ago.

(Sources: https://gmt.io/en)

How Will GMT Token Trade?

GMT Token (PancakeSwap: GMTUSD) daily chart by Tradingview.

(Chart courtesy of Tradingview.com)

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 October 16, 2021 peak

GMT will drop below the June 27, 2021 low

GMT will stay in a trading range between the June 27, 2021 low and the October 16, 2021 peak until April 28