Crypto Contest February 26: Poriot

in #fbcrypto2 years ago

Poriot (Bittrex: ZKUSDT) 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, ZK began a red wave one advance on February 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 20 and the red wave two (blue sub-waves a-b-c) correction ended on February 25. If this wave count is correct, ZK should be heading next towards the February 20 peak in the red wave three.

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

Funnymentals

Poriot is a native public chain with a POR mechanism created by combining the advantages of PoS.

(Sources: https://www.poriot.com/)

How Will Poriot Trade?

Poriot (Bittrex: ZKUSDT) four-hour chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers (posts only).

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 and comment below.

ZK will takeout the February 20 peak

ZK will drop below the February 17 low

ZK will stay in a trading range between the February 17 low and the February 20 peak until April 5

Sort:  

ZK will stay in a trading range between the February 17 low and the February 20 peak until April 5

ZK will stay in a trading range between the February 17 low and the February 20 peak until April 5

ZK will stay in a trading range between the February 17 low and the February 20 peak until April 5

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ZK will drop below the February 17 low

ZK will stay in a trading range between the February 17 low and the February 20 peak until April 5

ZK will takeout the February 20 peak

ZK will drop below the February 17 low

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