Crypto Contest February 12: Dtravel

in #crypto3 years ago

Dtravel (KuCoin: TRVLUSDT) 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, TRVL began a red wave one advance on January 30. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on February 8 and the red wave two (blue sub-waves a-b-c) correction ended on February 11. If this wave count is correct, TRVL should be heading next towards the February 8 peak in the red wave three.

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

Funnymentals

Dtravel is a decentralized platform for members of the home sharing economy that facilitates short-term accommodation discovery, bookings and payments, with up to 50% lower fees than competing platforms. Cryptopia reviewed the project last month.

(Sources: https://www.dtravel.com/)

How Will Dtravel Trade?

Dtravel (KuCoin: TRVLUSDT) 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.

TRVL will takeout the February 8 peak

TRVL will drop below the January 30 low

TRVL will stay in a trading range between the January 30 low and the February 8 peak until March 22

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TRVL will stay in a trading range between the January 30 low and the February 8 peak until March 22

TRVL will drop below the January 30 low

TRVL will stay in a trading range between the January 30 low and the February 8 peak until March 22

TRVL will stay in a trading range between the January 30 low and the February 8 peak until March 22

TRVL will stay in a trading range between the January 30 low and the February 8 peak until March 22

TRVL will stay in a trading range between the January 30 low and the February 8 peak until March 22

TRVL will stay in a trading range between the January 30 low and the February 8 peak until March 22

TRVL will stay in a trading range between the January 30 low and the February 8 peak until March 22

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