Internet of People (IOPUSD) 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, Internet of People began a wave one advance on September 12. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 17, and the red wave two (blue sub-waves a-b-c) correction ended on October 13. If this wave count is correct, Internet of People should be heading next towards the September 17 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Internet of People is creating a new, decentralized internet based on the Mercury protocol. You can view their latest video report below.
(Sources: https://iop.global/ and YouTube)
If you think this analysis is correct, upvote this post (min $0.01) and upvote the comment (min $0.01) "Internet of People will takeout the September 17 peak".
If you think this analysis is wrong, upvote this post (min $0.01) and upvote the comment (min $0.01) "Internet of People will drop below the September 12 low".
If you think Internet of People is in a range, upvote this post (min $0.01) and upvote the comment (min $0.01) "Internet of People will stay in a trading range between the September 12 low and the September 17 peak until December 5".
(Chart courtesy of Tradingview.com (log scale))
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