Lucky Block (Gate.io: LBLOCKUSDT) has broken out of the triangle pattern in the four-hour chart.
Elliott Wave Analysis
In Elliott Wave terms, LBLOCK began a red wave one advance on March 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 19 and the red wave two (blue sub-waves a-b-c) correction ended on March 24. If this wave count is correct, LBLOCK should be heading next towards the March 19 peak in the red wave three.
How Will Lucky Block Trade?
Lucky Block (Gate.io: LBLOCKUSDT) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com(log scale))
Prizes
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Rules
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Which one will happen first?
Please select one of the three choices and comment below.
LBLOCK will takeout the March 19 peak
LBLOCK will drop below the March 17 low
LBLOCK will stay in a trading range between the March 17 low and the March 19 peak until May 3