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Crypto Contest March 19: PaLM AI

maarnio - 2024-03-19 14:21:39

PaLM AI (MEXC: PALMAIUSDT) has broken out of the triangle pattern in the four-hour chart.
https://i.postimg.cc/hGXmyytP/Nimet-n.png
(Chart courtesy of Tradingview.com(log scale))


Elliott Wave Analysis


In Elliott Wave terms, PALMAI began a red wave one advance on February 29. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 10 and the red wave two (blue sub-waves a-b-c) correction ended on March 17. If this wave count is correct, PALMAI should be heading next towards the March 10 peak in the red wave three.
https://i.postimg.cc/wj9w7pTy/nimet-n2.png
(Chart courtesy of Tradingview.com(log scale))


Funnymentals


Multi-platform PaLM AI chatbot uses Google AI tech for conversations, coding, and image generation, focusing on accessible AI and revenue sharing. Cheeky Crypto reviewed the project two weeks ago.



(Sources: https://palmai.tech/)


How Will PaLM AI Trade?


PaLM AI (MEXC: PALMAIUSDT) four-hour chart by Tradingview.
https://i.postimg.cc/28FdZrmf/nimet-n3.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


PALMAI will takeout the March 10 peak


PALMAI will drop below the February 29 low


PALMAI will stay in a trading range between the February 29 low and the March 10 peak until April 24