Crypto Contest January 12: TOP

Crypto Contest January 12: TOP

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TOP (Huobi: TOPUSDT) 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, TOP began a wave one advance on January 3. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 6, and the red wave two (blue sub-waves a-b-c) correction ended on January 8. If this wave count is correct, TOP should be heading next towards the January 6 peak in the red wave three.

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

Funnymentals

TOP Network is a decentralized blockchain ecosystem composed of 4th-generation public blockchain, decentralized Apps (DApps) and decentralized communications services. You can watch their intro video below.

(Sources: https://www.topnetwork.org/)

How Will TOP Trade?

TOP (Huobi: TOPUSDT) four-hour 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.

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• TOP will takeout the January 6 peak

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• TOP will drop below the January 3 low

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• TOP will stay in a trading range between the January 3 low and the January 6 peak until February 17

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Answer the question at dpoll.xyz.