Crypto Contest May 26: Celer Network
Celer Network (Binance: CELRUSDT) 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, Celer Network began a wave one advance on May 9. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on May 21, and the red wave two (blue sub-waves a-b-c) correction ended on May 25. If this wave count is correct, Celer Network should be heading next towards the May 21 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Celer Network is a layer-2 scaling platform that enables fast, easy and secure off-chain transactions. BlockchainBrad interviewed the co-founder last month.
(Sources: Celer Network and YouTube)
How can I vote? Where is the contest?
You can vote by following this link.
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