Robonomics.network (Huobi: XRTUSDT) 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, XRT began a red wave one advance on November 4, 2020. The red wave one finished on November 8, 2020 and the red wave two correction ended on November 27, 2020. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on December 3, 2020 and the red wave four (blue sub-waves a-b-c) correction ended on December 24, 2020. If this wave count is correct, XRT should be heading next towards the December 3, 2020 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the daily line chart, I believe XRT is currently in the red wave three. The red wave one (blue sub-waves i-ii-iii-iv-v) began on July 24, 2020 and the red wave two (blue sub-waves a-b-c) correction ended on November 4, 2020.
(Chart courtesy of CoinMarketCap.com )
Funnymentals
Robonomics.network is a secure, сost-effective, and futuristic IoT platform for connecting robotics under Polkadot and Ethereum control. PromoTeam Channel interviewed Vadim Manaenko about the project back in November last year.
(Sources: https://robonomics.network/)How Will Robonomics.network Trade?
Robonomics.network (Huobi: XRTUSDT) 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 and comment below.
XRT will takeout the December 3, 2020 peak
XRT will drop below the November 27, 2020 low
XRT will stay in a trading range between the November 27, 2020 low and the December 3, 2020 peak until February 17
