EMOGI Network (Huobi: LOLHT) 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, LOL began a wave one advance on August 15. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on the same day, and the red wave two (blue sub-waves a-b-c) correction ended on November 25. If this wave count is correct, LOL should be heading next towards the August 15 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
EMOGI is a social digital currency. CryptoStache reviewed the project back in September.
(Sources: https://emogi.io/)
How Will EMOGI Network Trade?
EMOGI Network (Huobi: LOLHT) daily 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.
LOL will takeout the September 11 peak
LOL will drop below the August 15 low
LOL will stay in a trading range between the August 15 low and the September 11 peak until January 2
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LOL will stay in a trading range between the August 15 low and the September 11 peak until January 2
(58.33%)
14
/ 24
58.33% Complete (success)
LOL will drop below the August 15 low
(25.0%)
6
/ 24
LOL will takeout the September 11 peak
(16.67%)
4
/ 24
16.67% Complete (success)