Cred (Huobi: LBAETH) 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, LBA began a red wave one advance on August 5. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 14, and the red wave two (blue sub-waves a-b-c) correction ended on September 22. If this wave count is correct, LBA should be heading next towards the August 14 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
With Cred you can earn on the most popular digital assets on the blockchain. You can watch their latest AMA below.
(Sources: https://mycred.io/)How Will Cred Trade?
Cred (Huobi: LBAETH) 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 and comment below.
LBA will takeout the August 14 peak
LBA will drop below the August 5 low
LBA will stay in a trading range between the August 5 low and the August 14 peak until October 29