LUKSO (KuCoin: LYXEUSDT) 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, LYXE began a red wave one advance on October 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 26 and the red wave two (blue sub-waves a-b-c) correction ended on December 20. If this wave count is correct, LYXE should be heading next towards the October 26 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
LUKSO is a multiverse blockchain network where the worlds of fashion, gaming, design and social media intersect. Decentralized Dave reviewed the project four months ago.
(Sources: https://lukso.network/)
How Will LUKSO Trade?
LUKSO (KuCoin: LYXEUSDT) 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.
LYXE will takeout the October 26 peak
LYXE will drop below the October 13 low
LYXE will stay in a trading range between the October 13 low and the October 26 peak until February 1