CoinLoan (HitBTC: CLTUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, CLT began a red wave one advance on February 1. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 22 and the red wave two (blue sub-waves a-b-c) correction ended on April 1. If this wave count is correct, CLT should be heading next towards the February 22 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
CoinLoan is a crypto lending platform. Zen Tech reviewed the platform three weeks ago.
(Sources: https://coinloan.io/)How Will CoinLoan Trade?
CoinLoan (HitBTC: CLTUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
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.
CLT will takeout the February 22 peak
CLT will drop below the February 1 low
CLT will stay in a trading range between the February 1 low and the February 22 peak until May 19
