Aragon (Bittrex: ANTBTC) 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, ANT began a wave one advance on February 16. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 23, and the red wave two (blue sub-waves a-b-c) correction could have ended today. If this wave count is correct, ANT should be heading next towards the February 23 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the weekly chart, I believe ANT is currently in the red wave three (blue sub-wave iii). The blue sub-wave three began on February 16.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Aragon is a digital jurisdiction for digital organizations. Cryptocious covered some of the latest news.
(Sources: https://aragon.org/)
How Will Aragon Trade?
Aragon (Bittrex: ANTBTC) 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.
ANT will takeout the February 23 peak
ANT will drop below the February 16 low
ANT will stay in a trading range between the February 16 low and the February 23 peak until April 2
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ANT will stay in a trading range between the February 16 low and the February 23 peak until April 2
(38.78%)
19
/ 49
38.78% Complete (success)
ANT will takeout the February 23 peak
(34.69%)
17
/ 49
34.69% Complete (success)
ANT will drop below the February 16 low
(26.53%)
13
/ 49
26.53% Complete (success)