Crypto Contest March 1: Power Ledger

Crypto Contest March 1: Power Ledger

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Power Ledger (Binance: POWRUSD) 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, POWR began a wave one advance on December 18, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 15 this year, and the red wave two (blue sub-waves a-b-c) correction ended on February 27. If this wave count is correct, POWR should be heading next towards the February 15 peak in the red wave three.

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

Funnymentals

Power Ledger is building the operating system for the new energy marketplace. Nugget's News interviewed Anya Nova back in November 2019.

(Sources: https://www.powerledger.io/)

How Will Power Ledger Trade?

Power Ledger (Binance: POWRUSD) 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.

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• POWR will takeout the February 15 peak

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• POWR will drop below the January 8 low

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• POWR will stay in a trading range between the January 8 low and the February 15 peak until April 5

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Answer the question at dpoll.xyz.