Pawtocol (Coinbase: UPIUSD) has broken out of the triangle pattern in the four-hour chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, UPI began a red wave one advance on February 24. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 5 and the red wave two (blue sub-waves a-b-c) correction ended on March 12. If this wave count is correct, UPI should be heading next towards the March 5 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Pawtocol is a global online community of pet lovers who aim to disrupt the pet industry by leveraging blockchain technology to monetize data about their pets, improve owners’ purchasing experience, and help veterinarians to deliver better care. The Wolf of Wall Street reviewed the project five days ago.
(Sources: https://pawtocol.com/)
How Will Pawtocol Trade?
Pawtocol (Coinbase: UPIUSD) four-hour 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.
UPI will takeout the March 5 peak
UPI will drop below the February 24 low
UPI will stay in a trading range between the February 24 low and the March 5 peak until April 23