Loki (KuCoin: LOKIETH) 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, LOKI began a red wave one advance in June 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in December 2019, and the red wave two (blue sub-waves a-b-c) correction ended on July 13 this year. If this wave count is correct, LOKI should be heading next towards the December 2019 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Loki creates privacy tools that enable untraceable, secure transactions and anonymous communication. They just announced that Loki is entering the DeFi space link.
(Sources: https://loki.network/)
How Will Loki Trade?
Loki (KuCoin: LOKIETH) 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.
LOKI will takeout the May 8 peak
LOKI will drop below the July 13 low
LOKI will stay in a trading range between the July 13 low and the May 8 peak until August 26
