Sologenic (HitBTC: SOLOUSDT) 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, SOLO began a red wave one advance on March 16. The red wave one finished on June 2, and the red wave two correction ended on July 2. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on September 16, and the red wave four (blue sub-waves a-b-c) correction ended on October 9. If this wave count is correct, SOLO should be heading next towards the September 16 peak in the red wave five.
(Chart courtesy of Coinmarketcap.com (log scale))
Funnymentals
The Sologenic ecosystem aims to make it effortless for crypto investors to exchange assets and invest in different conventional financial instruments. You can read their latest AMA here.
(Sources: https://www.sologenic.com/)
How Will Sologenic Trade?
Sologenic (HitBTC: SOLOUSDT) 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.
SOLO will takeout the September 16 peak
SOLO will drop below the July 19 low
SOLO will stay in a trading range between the July 19 low and the September 16 peak until November 16
