Crypto Contest May 11: Wollo
Wollo (Bitfinex: WLOUSD) 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, Wollo began a wave one advance on December 28, 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 1, 2019, and the red wave two (blue sub-waves a-b-c) correction ended on April 12. If this wave count is correct, Wollo should be heading next towards the February peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Wollo is a digital currency designed to help kids learn the principles of money, safely and securely with the Pigzbe App & Device. You can learn some more about Wollo by watching the following video.
How can I vote? Where is the contest?
You can vote by following this link.
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