Konnect (Huobi: KCTUSDT) has broken out of the triangle pattern in the four-hour chart.
Elliott Wave Analysis
In Elliott Wave terms, KCT began a red wave one advance on May 26. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 26 and the red wave two (blue sub-waves a-b-c) correction ended on May 29. If this wave count is correct, KCT should be heading next towards the May 26 peak in the red wave three.
Funnymentals
Konnect disrupts the pyramid structure of duty-free business, gamifies the process of distribution, selection, and reselling activities through blockchain and NFT. Crypto Opinion reviewed the project yesterday.
(Sources: https://konnect.finance/)
How Will Konnect Trade?
Konnect (Huobi: KCTUSDT) four-hour chart by Tradingview.
Prizes
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Rules
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Which one will happen first?
Please select one of the three choices and comment below.
KCT will takeout the May 26 peak
KCT will drop below the May 26 low
KCT will stay in a trading range between the May 26 low and the May 26 peak until July 10