Golem has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com)
In Elliott Wave terms, Golem began a wave one advance on April 12. The wave one finished on April 13, and the wave two correction ended on April 15. The wave three advance finished on April 19, and the wave four correction ended on April 20. If this wave count is correct, Golem should be heading next towards the April 19 peak in the wave five.
(Chart courtesy of Tradingview.com)
If you think this analysis is correct, upvote this post and upvote the comment "Golem will takeout the April 19 peak".
If you think this analysis is wrong, upvote this post and upvote the comment "Golem will drop below the April 13 low".
If you think Golem is in a range, upvote this post and upvote the comment "Golem will stay in a trading range between the April 13 low and the April 19 peak until May 21".
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