Crypto Contest September 17: EchoLink
EchoLink (Huobi: EKOBTC) 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, EchoLink began a wave one advance on August 10. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 24, and the red wave two (blue sub-waves a-b-c) correction ended on September 4. If this wave count is correct, EchoLink should be heading next towards the August 24 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
The EKO Blockchain Platform provides businesses and developers a fast and efficient way to develop and deploy blockchain applications with Zero Knowledge Proofs.
(Sources: https://echolink.info/)
How Will EchoLink Trade?
EchoLink (Huobi: EKOBTC) 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.
- EchoLink will takeout the August 24 peak
- EchoLink will drop below the August 10 low
- EchoLink will stay in a trading range between the August 10 low and the August 24 peak until October 23
Answer the question at dpoll.xyz.