Adappter Token (Bithumb: ADPKRW) 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, ADP began a red wave one advance on December 29, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 8 this year and the red wave two (blue sub-waves a-b-c) correction ended on January 11. If this wave count is correct, ADP should be heading next towards the January 8 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Adappter is a entertaining digital asset platform. You can read their whitepaper here.
(Sources: https://adappter.io/)
How Will Adappter Token Trade?
Adappter Token (Bithumb: ADPKRW) 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.
ADP will takeout the January 7 peak
ADP will drop below the January 3 low
ADP will stay in a trading range between the January 3 low and the January 7 peak until February 19
