Crypto Contest November 13: POPKON

in LeoFinance2 years ago

POPKON (Gate.io: POPKUSDT) 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, POPK began a red wave one advance on July 29. The red wave one peaked on July 30 and the red wave two (blue sub-waves a-b-c) correction ended on October 26. If this wave count is correct, POPK should be heading next towards the July 30 peak in the red wave three.

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

Funnymentals

POPK was designed to overcome the problems and limitations of the existing live-streaming platform industry, such as the closed platform economic mechanism, monopoly of big platform production, and the amount limitation of purchasing in the centralized platform. You can find their whitepaper here.

(Sources: https://www.popkon.net/)

How Will POPKON Trade?

POPKON (Gate.io: POPKUSDT) daily 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.

POPK will takeout the July 30 peak

POPK will drop below the July 29 low

POPK will stay in a trading range between the July 29 low and the July 30 peak until December 20

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POPK will stay in a trading range between the July 29 low and the July 30 peak until December 20

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Correct.

Posted Using LeoFinance Beta

POPK will stay in a trading range between the July 29 low and the July 30 peak until December 20

Correct.

Posted Using LeoFinance Beta

POPK will stay in a trading range between the July 29 low and the July 30 peak until December 20

Thank you

You are welcome.

POPK will stay in a trading range between the July 29 low and the July 30 peak until December 20

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POPK will stay in a trading range between the July 29 low and the July 30 peak until December 20

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POPK will drop below the July 29 low

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POPK will drop below the July 29 low

POPK will takeout the July 30 peak

Posted Using LeoFinance Beta

POPK will drop below the July 29 low

POPK will stay in a trading range between the July 29 low and the July 30 peak until December 20

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POPK will stay in a trading range between the July 29 low and the July 30 peak until December 20

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POPK will takeout the July 30 peak

POPK will drop below the July 29 low

POPK will drop below the July 29 low

POPK will takeout the July 30 peak

POPK will stay in a trading range between the July 29 low and the July 30 peak until December 20

POPK will stay in a trading range between the July 29 low and the July 30 peak until December 20

Correct.

Posted Using LeoFinance Beta

POPK will stay in a trading range between the July 29 low and the July 30 peak until December 20

POPK will takeout the July 30 peak