LaunchBlock.com (Huobi: LBPUSDT) has broken out of the triangle pattern in the four-hour chart.
Elliott Wave Analysis
In Elliott Wave terms, LBP began a red wave one advance on March 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 18 and the red wave two (blue sub-waves a-b-c) correction ended on March 20. If this wave count is correct, LBP should be heading next towards the March 18 peak in the red wave three.
Funnymentals
LaunchBlock.com is a "borderless" incubator for raising funds & scaling projects across the GameFi, NFT financing, DeFi and the entire cryptocurrency space. Crypto MY reviewed the project three weeks ago.
(Sources: https://launchblock.com/)
How Will LaunchBlock.com Trade?
LaunchBlock.com (Huobi: LBPUSDT) four-hour chart by Tradingview.
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.
LBP will takeout the March 18 peak
LBP will drop below the March 10 low
LBP will stay in a trading range between the March 10 low and the March 18 peak until April 29