Loser Coin (Gate.io: LOWBUSDT) 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, LOWB began a red wave one advance on May 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 14 and the red wave two (blue sub-waves a-b-c) correction ended on July 13. If this wave count is correct, LOWB should be heading next towards the May 14 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Losercoin is a project initiated by two poor guys from China, one is a father of two kids from a village, the other one is a programmer living a miserable life by working 60 hours a week. You can watch their intro video below.
(Sources: https://losercoin.org/)
How Will Loser Coin Trade?
Loser Coin (Gate.io: LOWBUSDT) daily chart by Tradingview.
(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.
LOWB will takeout the May 14 peak
LOWB will drop below the May 13 low
LOWB will stay in a trading range between the May 13 low and the May 14 peak until September 28