Crypto Contest February 28: Callisto Network

Crypto Contest February 28: Callisto Network

Callisto Network (HitBTC: CLOUSD) 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, CLO began a wave one advance on December 27, 2019. The red wave one finished on January 15 this year, and the red wave two correction ended on January 26. The red wave three advance finished on February 13, and the red wave four correction ended on February 26. If this wave count is correct, CLO should be heading next towards the February 13 peak in the red wave five.

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

Funnymentals

Callisto Network is a decentralized open source crypto platform based on the go-Ethereum source code. You can watch their intro video below.

How Will Callisto Network Trade?

Callisto Network (HitBTC: CLOUSD) 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.

• CLO will takeout the February 13 peak

• CLO will drop below the January 26 low

• CLO will stay in a trading range between the January 26 low and the February 13 peak until April 3

Answer the question at dpoll.xyz.