Standard Tokenization Protocol (Bittrex: STPTUSD) 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, STPT began a wave one advance on September 30, 2019. The red wave one finished on October 26, 2019, and the red wave two correction ended on November 25, 2019. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on March 24 this year, and the red wave four correction ended on April 7. If this wave count is correct, STPT should be heading next towards the March 24 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Standard Tokenization Protocol is a decentralized tokenization network.
(Sources: https://stp.network/)
How Will Standard Tokenization Protocol Trade?
Standard Tokenization Protocol (Bittrex: STPTUSD) 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.
STPT will takeout the March 24 peak
STPT will drop below the March 13 low
STPT will stay in a trading range between the March 13 low and the March 24 peak until May 12
Posted via Steemleo
