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Crypto Contest March 30: Portal

maarnio - 2024-03-30 17:02:51

Portal (Binance: PORTALUSDT) has broken out of the triangle pattern in the daily chart.
Nimetön.png
(Chart courtesy of Tradingview.com(log scale))


Elliott Wave Analysis


In Elliott Wave terms, PORTAL began a red wave one advance on February 29. The red wave one peaked on February 29 and the red wave two (blue sub-waves a-b-c) correction ended on March 19. If this wave count is correct, PORTAL should be heading next towards the February 29 peak in the red wave three.
nimetön2.png
(Chart courtesy of Tradingview.com(log scale))


Funnymentals


Portal aims to unite games and gamers from various blockchain networks on its cross-chain token platform, establishing a united Web3 gaming ecosystem. Crypto Gorilla reviewed the project one month ago.



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


How Will Portal Trade?


Portal (Binance: PORTALUSDT) daily chart by Tradingview.
nimetön3.png
(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


PORTAL will takeout the February 29 peak


PORTAL will drop below the February 29 low


PORTAL will stay in a trading range between the February 29 low and the February 29 peak until May 5