WhiteBIT Token (WhiteBIT: WBTUSDT) 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, WBT began a red wave one advance on September 21. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 27 and the red wave two (blue sub-waves a-b-c) correction ended on December 13. If this wave count is correct, WBT should be heading next towards the October 27 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
WBT is a utility token of the largest European cryptocurrency exchange, WhiteBIT. They are also doing some weekly token burns.
(Sources: https://whitebit.com/)
How Will WhiteBIT Token Trade?
WhiteBIT Token (WhiteBIT: WBTUSDT) 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.
WBT will takeout the October 27 peak
WBT will drop below the September 21 low
WBT will stay in a trading range between the September 21 low and the October 27 peak until January 21