Crypto Contest December 20: Celer Network
Celer Network (Binance: CELRBTC) 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, CELR began a wave one advance on October 27. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 8, and the red wave two (blue sub-waves a-b-c) correction ended on December 19. If this wave count is correct, CELR should be heading next towards the December 8 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Celer Network is a layer-2 scaling platform. Coin Bureau reviewed the project back in June.
(Sources: https://www.celer.network/#)How Will Celer Network Trade?
Celer Network (Binance: CELRBTC) 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.
- CELR will takeout the December 8 peak
- CELR will drop below the October 27 low
- CELR will stay in a trading range between the October 27 low and the December 8 peak until January 25
Answer the question at dpoll.xyz.