TOP (Huobi: TOPUSDT) has broken out of the triangle pattern in the four-hour chart.
Elliott Wave Analysis
In Elliott Wave terms, TOP began a wave one advance on January 3. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 6, and the red wave two (blue sub-waves a-b-c) correction ended on January 8. If this wave count is correct, TOP should be heading next towards the January 6 peak in the red wave three.
Funnymentals
TOP Network is a decentralized blockchain ecosystem composed of 4th-generation public blockchain, decentralized Apps (DApps) and decentralized communications services. You can watch their intro video below.
(Sources: https://www.topnetwork.org/)
How Will TOP Trade?
TOP (Huobi: TOPUSDT) four-hour chart by Tradingview.
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.
TOP will takeout the January 6 peak
TOP will drop below the January 3 low
TOP will stay in a trading range between the January 3 low and the January 6 peak until February 17
You need to be logged in to vote for
the polls.
Click to log in
via HiveSigner.
TOP will stay in a trading range between the January 3 low and the January 6 peak until February 17
(41.18%)
14
/ 34
41.18% Complete (success)
TOP will drop below the January 3 low
(38.24%)
13
/ 34
38.24% Complete (success)
TOP will takeout the January 6 peak
(20.59%)
7
/ 34
20.59% Complete (success)
