Crypto Contest February 26: Polybius

Crypto Contest February 26: Polybius

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Polybius (HitBTC: PLBTBTC) 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, PLBT began a wave one advance on September 24, 2019. The red wave one finished on October 4, 2019, and the red wave two correction ended on January 22 this year. The red wave three advance finished on January 28, and the red wave four correction ended on February 22. If this wave count is correct, PLBT should be heading next towards the January 22 peak in the red wave five.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Polybius is the maker of Osom app. Osom is designed to be a universal, currency-agnostic and legally regulated finance management tool. You can watch their CEO interview below.

(Sources: https://polybius.io/)

How Will Polybius Trade?

Polybius (HitBTC: PLBTBTC) 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.

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• PLBT will takeout the January 28 peak

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• PLBT will drop below the January 22 low

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• PLBT will stay in a trading range between the January 22 low and the January 28 peak until April 1

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Answer the question at dpoll.xyz.