ELYSIA (Bithumb: ELKRW) 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, EL began a red wave one advance on May 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 16, and the red wave two (blue sub-waves a-b-c) correction ended on May 21. If this wave count is correct, EL should be heading next towards the May 16 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Elysia is a P2P digital marketplace connecting real estate buyers and sellers worldwide.
(Sources: https://elysia.kr/?ckattempt=1)
How Will ELYSIA Trade?
ELYSIA (Bithumb: ELKRW) 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.
EL will takeout the May 16 peak
EL will drop below the May 14 low
EL will stay in a trading range between the May 14 low and the May 16 peak until June 29
