Crypto Contest January 22: Electra Protocol

in #steemleo4 years ago

Electra Protocol (Bittrex: XEPUSDT) 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, XEP began a red wave one advance on September 28. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 21 and the red wave two (blue sub-waves a-b-c) correction ended on December 31. If this wave count is correct, XEP should be heading next towards the October 21 peak in the red wave three.

(Chart courtesy of Tradingview.com(log scale))

Funnymentals

XEP is a secure, decentralized, open-source, community driven cryptocurrency project that is "lightning" fast at near zero fee. Inferno reviewed the project four days ago.

(Sources: https://www.electraprotocol.com/)

How Will Electra Protocol Trade?

Electra Protocol (Bittrex: XEPUSDT) daily 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.

XEP will takeout the October 21 peak

XEP will drop below the September 28 low

XEP will stay in a trading range between the September 28 low and the October 21 peak until March 1

Sort:  

XEP will stay in a trading range between the September 28 low and the October 21 peak until March 1

XEP will takeout the October 21 peak

XEP will stay in a trading range between the September 28 low and the October 21 peak until March 1

XEP will stay in a trading range between the September 28 low and the October 21 peak until March 1

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XEP will drop below the September 28 low

XEP will stay in a trading range between the September 28 low and the October 21 peak until March 1

XEP will stay in a trading range between the September 28 low and the October 21 peak until March 1

XEP will stay in a trading range between the September 28 low and the October 21 peak until March 1

XEP will stay in a trading range between the September 28 low and the October 21 peak until March 1

XEP will drop below the September 28 low

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