Proton (Bithumb: XPRKRW) 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, XPR began a red wave one advance on June 5. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 9, and the red wave two (blue sub-waves a-b-c) correction ended on June 11. If this wave count is correct, XPR should be heading next towards the June 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Proton is a blockchain that interacts directly with your bank. Simetri reviewed the project on May 12.
(Sources: https://www.protonchain.com/)
How Will Proton Trade?
Proton (Bithumb: XPRKRW) 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.
XPR will takeout the June 9 peak
XPR will drop below the June 5 low
XPR will stay in a trading range between the June 5 low and the June 9 peak until July 18
