LINK (CRYPTO: LNUSD) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, LN began a red wave one advance on November 29, 2022. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 22 this year and the red wave two (blue sub-waves a-b-c) correction ended on March 11. If this wave count is correct, LN should be heading next towards the February 22 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
LINE Blockchain has made a decision of rebranding it into Finschia. Currently, the brand name has been changed to Finschia and the coin name of LINK (LN) will also be changed to FINSCHIA (FNSA). You can find their new whitepaper here.
(Sources: https://www.finschia.network/)
How Will LINK Trade?
LINK (CRYPTO: LNUSD) daily chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
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
LN will takeout the February 22 peak
LN will drop below the November 29 low
LN will stay in a trading range between the November 29 low and the February 22 peak until June 13