Crypto Contest January 25: Celsius
Celsius (HitBTC: CELBTC) 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, CEL began a wave one advance on November 20, 2019. The red wave one finished on December 2, 2019, and the red wave two correction ended on December 13, 2019. The red wave three advance finished on December 30, 2019, and the red wave four correction ended on January 21 this year. If this wave count is correct, CEL should be heading next towards the December 30, 2019 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Celsius Network lets you earn interest on your crypto and instantly borrow against it. You can watch their latest AMA below.
(Sources: https://celsius.network)How Will Celsius Trade?
Celsius (HitBTC: CELBTC) 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.
- CEL will takeout the December 30, 2019 peak
- CEL will drop below the December 13, 2019 low
- CEL will stay in a trading range between the December 13, 2019 low and the December 30, 2019 peak until March 1
Answer the question at dpoll.xyz.