Crypto Contest January 19: Lympo
Crypto Contest January 19: Lympo
Lympo (Huobi: LYMBTC) 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, LYM began a wave one advance on January 8. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 11, and the red wave two (blue sub-waves a-b-c) correction ended on January 18. If this wave count is correct, LYM should be heading next towards the January 11 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Lympo is "revolutionizing" the healthy lifestyle ecosystem by monetizing sports and wellness data via a blockchain platform. You can watch their intro video below.
(Sources: https://lympo.com/monetizing-health-wellness-and-lifelog-data-via-blockchain/?home)How Will Lympo Trade?
Lympo (Huobi: LYMBTC) 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.
- LYM will takeout the January 11 peak
- LYM will drop below the January 8 low
- LYM will stay in a trading range between the January 8 low and the January 11 peak until February 24
Answer the question at dpoll.xyz.
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Correct.
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LYM will drop below the January 8 low
Correct.
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Correct.