Celo (Bittrex: CELOBTC) 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, CELO began a red wave one advance on June 13. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 28, and the red wave two (blue sub-waves a-b-c) correction ended on July 13. If this wave count is correct, CELO should be heading next towards the June 28 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. You can read their latest blog post here.
(Sources: https://celo.org/)
How Will CELO Trade?
Celo (Bittrex: CELOBTC) 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.
CELO will takeout the June 28 peak
CELO will drop below the June 13 low
CELO will stay in a trading range between the June 13 low and the June 28 peak until August 23