Latamcash (CoinMarketCap: LMCHUSD) has broken out of the triangle pattern in the line chart.
(Chart courtesy of CoinMarketCap.com (log scale))
Elliott Wave Analysis
In Elliott Wave terms, LMCH began a red wave one advance on July 18. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 10 and the red wave two (blue sub-waves a-b-c) correction ended on October 29. If this wave count is correct, LMCH should be heading next towards the August 10 peak in the red wave three.
(Chart courtesy of Coinmarketcap.com (log scale))
Funnymentals
Latamcash aims to provide economic power to 300M+ “unbanked” folks in the Latin America, who suffer from lack of access to traditional financial services. The token got listed recently on Bittrex and OKEx.
(Sources: https://latamcash.io/)
How Will Latamcash Trade?
Latamcash (CoinMarketCap: LMCHUSD) line chart by CoinMarketCap.
(Chart courtesy of Coinmarketcap.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.
LMCH will takeout the August 10 peak
LMCH will drop below the July 18 low
LMCH will stay in a trading range between the July 18 low and the August 10 peak until December 11
