Crypto Contest December 12: Tezos
Tezos (Kraken: XTZUSD) 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, XTZ began a wave one advance in December 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in May this year, and the red wave two (blue sub-waves a-b-c) correction ended in October. If this wave count is correct, XTZ should be heading next towards the May peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Tezos is an open-source platform for assets and applications backed by a global community of validators, researchers, and builders. Coin Bureau reviewed the coin two days ago.
(Sources: https://tezos.com/)How Will Tezos Trade?
Tezos (Kraken: XTZUSD) 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.
- XTZ will takeout the May peak
- XTZ will drop below the October low
- XTZ will stay in a trading range between the October low and the May peak until January 17
Answer the question at dpoll.xyz.