TOP (Huobi: TOPUSDT) 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, TOP began a red wave one advance on November 9. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 6 and the red wave two (blue sub-waves a-b-c) correction ended on December 22. If this wave count is correct, TOP should be heading next towards the December 6 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
TOP Network is a decentralized blockchain ecosystem composed of public blockchain, DApps & decentralized communication. You can find their latest bi-weekly report here.
(Sources: https://www.topnetwork.org/)
How Will TOP Trade?
TOP (Huobi: TOPUSDT) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
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.
TOP will takeout the December 6 peak
TOP will drop below the November 9 low
TOP will stay in a trading range between the November 9 low and the December 6 peak until February 10