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Crypto Contest November 27: Torum


Torum (PancakeSwap: XTMUSD) has broken out of the triangle pattern in the 12-hour chart.

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(Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, XTM began a red wave one advance on October 31. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 20 and the red wave two (blue sub-waves a-b-c) correction ended on November 26. If this wave count is correct, XTM should be heading next towards the November 20 peak in the red wave three.

image.png

(Chart courtesy of Tradingview.com)

Funnymentals

Torum is a SocialFi Metaverse ecosystem that is specially designed for cryptocurrency users and projects. Full Value Dan reviewed the project three weeks ago.


(Sources: https://intro.torum.com/)

How Will Torum Trade?

Torum (PancakeSwap: XTMUSD) daily chart by Tradingview.

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(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.

XTM will takeout the November 20 peak

XTM will drop below the October 31 low

XTM will stay in a trading range between the October 31 low and the November 20 peak until January 4


Comments 55