Crypto Contest January 23: Play X

Crypto Contest January 23: Play X

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Play X (Bithumb: PLYKRW) 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, PLY began a wave one advance on November 25, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 26, 2019, and the red wave two (blue sub-waves a-b-c) correction ended on January 22 this year. If this wave count is correct, PLY should be heading next towards the December 26, 2019 peak in the red wave three.

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

Funnymentals

PlayCoin Crypto Alliance is a new business model of Playcoin, a collaboration of outstanding crypto-projects for sharing its revenue, outcome, and value.

(Sources: https://playcoin.game/)

How Will Play X Trade?

Play X (Bithumb: PLYKRW) daily 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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• PLY will takeout the December 2019 peak

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• PLY will drop below the November 2019 low

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• PLY will stay in a trading range between the November 2019 low and the December 2019 peak until February 28

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Answer the question at dpoll.xyz.