Polkacity (Bittrex: POLCUSDT) has broken out of the triangle pattern in the daily chart.
Elliott Wave Analysis
In Elliott Wave terms, POLC began a red wave one advance on July 20, 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 29, 2021 and the red wave two (blue sub-waves a-b-c) correction ended on March 14 this year. If this wave count is correct, POLC should be heading next towards the November 29, 2021 peak in the red wave three.
Funnymentals
Polkacity is an NFT marketplace that aims to “revolutionize the ownership of virtual assets” by building the world’s first 3D and AR NFT platform that will be on multiple blockchains. Altcoin Radar reviewed the project five days ago.
(Sources: https://www.polkacity.io/)
How Will Polkacity Trade?
Polkacity (Bittrex: POLCUSDT) daily 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.
POLC will takeout the November 29 peak
POLC will drop below the July 20 low
POLC will stay in a trading range between the July 20 low and the November 29 peak until April 30