BNBPay (PancakeSwap: BPAYUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
Elliott Wave Analysis
In Elliott Wave terms, BPAY began a red wave one advance on September 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 2 and the red wave two (blue sub-waves a-b-c) correction ended on October 5. If this wave count is correct, BPAY should be heading next towards the October 2 peak in the red wave three.
(Chart courtesy of Tradingview.com)
Funnymentals
BNBPay is a decentralised scalable crypto payment gateway tailored for merchant transactions. Goalorious interviewed one of the developers two months ago.
(Sources: https://www.bnbpay.io/)
How Will BNBPay Trade?
BNBPay (PancakeSwap: BPAYUSD) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com)
Prizes
I will be giving upvotes to the correct answers with minimum reputation of 25.
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.
BPAY will takeout the October 2 peak
BPAY will drop below the September 22 low
BPAY will stay in a trading range between the September 22 low and the October 2 peak until November 13