Data Ownership Protocol (KuCoin: DOPUSDT) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, DOP began a red wave one advance on August 1. The red wave one peaked on August 1 and the red wave two (blue sub-waves a-b-c) correction ended on August 2. If this wave count is correct, DOP should be heading next towards the August 1 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
The Data Ownership Protocol utilizes zero-knowledge proofs to allow flexible transparency on top of Ethereum L1. The House Of Crypto reviewed the project four weeks ago.
(Sources: https://dop.org/)
How Will Data Ownership Protocol Trade?
Data Ownership Protocol (KuCoin: DOPUSDT) four-hour 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
DOP will takeout the August 1 peak
DOP will drop below the August 1 low
DOP will stay in a trading range between the August 1 low and the August 1 peak until September 9