Paycoin (OKX: PCIUSDT) 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, PCI began a red wave one advance on May 12. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on May 23 and the red wave two (blue sub-waves a-b-c) correction ended on May 26. If this wave count is correct, PCI should be heading next towards the May 23 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
PayProtocol is a simple and convenient cryptocurrency payment platform for both e-commerce and retail use. You can watch their intro video below.
(Sources: https://payprotocol.io/)
How Will Paycoin Trade?
Paycoin (OKX: PCIUSDT) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
I will be giving upvotes to the correct answers (posts only).
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 and comment below.
PCI will takeout the May 23 peak
PCI will drop below the May 12 low
PCI will stay in a trading range between the May 12 low and the May 23 peak until July 9