Crypto Contest December 8: TROY
TROY (Binance: TROYUSDT) 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, TROY began a wave one advance on December 5. The red wave one finished on the same day, and the red wave two (blue sub-waves a-b-c) correction ended on December 8. If this wave count is correct, TROY should be heading next towards the December 5 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Troy Trade, derived from Troy Network, is a global prime broker specialized in crypto asset trading. BlockchainBrad interviewed the co-founder back in September.
(Sources: https://troytrade.com/)How Will TROY Trade?
TROY (Binance: TROYUSDT) four-hour 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.
- TROY will takeout the December 5 peak
- TROY will drop below the December 5 low
- TROY will stay in a trading range between the December 5 low and the December 5 peak until January 13
Answer the question at dpoll.xyz.