Crypto Contest February 13: LTO Network
LTO Network (Binance: LTOUSD) 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, LTO began a wave one advance on February 7. The red wave one finished on the same day, and the red wave two (blue sub-waves a-b-c) correction ended on February 10. If this wave count is correct, LTO should be heading next towards the February 7 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
LTO Network is "the new standard" for data security and collaboration using hybrid blockchain. BlockchainBrad interviewed the CEO back in November 2019.
(Sources: https://ltonetwork.com/)How Will LTO Network Trade?
LTO Network (Binance: LTOUSD) 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.
- LTO will takeout the February 7 peak
- LTO will drop below the February 7 low
- LTO will stay in a trading range between the February 7 low and the February 7 peak until March 19
Answer the question at dpoll.xyz.
