Akropolis (Huobi: AKROUSDT) 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, AKRO began a wave one advance on October 20. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 29, and the red wave two (blue sub-waves a-b-c) correction ended on October 31. If this wave count is correct, AKRO should be heading next towards the October 29 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Akropolis offers decentralized and autonomous community economies - lending and pensions made simple.
(Sources: https://akropolis.io/)
How Will Akropolis Trade?
Akropolis (Huobi: AKROUSDT) 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.
AKRO will takeout the October 29 peak
AKRO will drop below the October 20 low
AKRO will stay in a trading range between the October 20 low and the October 29 peak until December 21
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AKRO will stay in a trading range between the October 20 low and the October 29 peak until December 21
(53.85%)
14
/ 26
53.85% Complete (success)
AKRO will takeout the October 29 peak
(26.92%)
7
/ 26
26.92% Complete (success)
AKRO will drop below the October 20 low
(19.23%)
5
/ 26
19.23% Complete (success)