Crypto Contest November 10: LockTrip

Crypto Contest November 10: LockTrip

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LockTrip (HitBTC: LOCBTC) has broken out of the triangle pattern in the weekly chart.

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

Elliott Wave Analysis

In Elliott Wave terms, LOC began a wave one advance in December 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in November 2018, and the red wave two (blue sub-waves a-b-c) correction ended in June this year. If this wave count is correct, LOC should be heading next towards the November 2018 peak in the red wave three.

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

Funnymentals

LockTrip is a blockchain powered travel marketplace. You can watch their intro video below.

(Sources: https://locktrip.com/)

How Will LockTrip Trade?

LockTrip (HitBTC: LOCBTC) weekly 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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• LOC will takeout the June peak

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• LOC will drop below the June low

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• LOC will stay in a trading range between the June low and the June peak until December 16

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Answer the question at dpoll.xyz.