Nervos Network (Binance: CKBUSDT) 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, CKB began a red wave one advance on January 27. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 15 and the red wave two (blue sub-waves a-b-c) correction ended on February 19. If this wave count is correct, CKB should be heading next towards the February 15 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
The Nervos Network is an open-source public blockchain ecosystem and collection of protocols creating the foundation for a universal internet-like public network. CryptoWendyO covered the project last month.
(Sources: https://www.nervos.org/)How Will Nervos Network Trade?
Nervos Network (Binance: CKBUSDT) 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 and comment below.
CKB will takeout the February 15 peak
CKB will drop below the January 27 low
CKB will stay in a trading range between the January 27 low and the February 15 peak until March 31
