CertiK (Binance: CTKUSDT) 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, CTK began a red wave one advance on December 26, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 20 and the red wave two (blue sub-waves a-b-c) correction ended on February 23. If this wave count is correct, CTK should be heading next towards the February 20 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the daily chart, I believe CTK is currently in the red wave three (blue sub-wave iii). The red wave one began on November 3, 2020 and the red wave two correction ended on December 26, 2020.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
CertiK Chain is a security-first, delegated proof-of-stake blockchain, for trustworthy execution of mission-critical applications, including DeFi, NFTs, and autonomous vehicles. You can read their latest monthly update here.
(Sources: https://certik.org/)
How Will CertiK Trade?
CertiK (Binance: CTKUSDT) 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.
CTK will takeout the February 20 peak
CTK will drop below the January 27 low
CTK will stay in a trading range between the January 27 low and the February 20 peak until April 11
