Crypto Contest March 21: Tribal TokensteemCreated with Sketch.

in fbcrypto •  2 years ago 

Tribal Token (KuCoin: TRIBLUSDT) 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, TRIBL began a red wave one advance on January 17. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 31 and the red wave two (blue sub-waves a-b-c) correction ended on March 4. If this wave count is correct, TRIBL should be heading next towards the January 31 peak in the red wave three.

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

Funnymentals

Tribal offers crypto-powered financial tools for emerging market businesses. You can find their litepaper here.

(Sources: https://www.tribl.ltd/)

How Will Tribal Token Trade?

Tribal Token (KuCoin: TRIBLUSDT) daily 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.

TRIBL will takeout the January 31 peak

TRIBL will drop below the January 17 low

TRIBL will stay in a trading range between the January 17 low and the January 31 peak until April 27

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TRIBL will stay in a trading range between the January 17 low and the January 31 peak until April 27

TRIBL will stay in a trading range between the January 17 low and the January 31 peak until April 27

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  ·  last year (edited)

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TRIBL will drop below the January 17 low

TRIBL will stay in a trading range between the January 17 low and the January 31 peak until April 27

TRIBL will takeout the January 31 peak

TRIBL will takeout the January 31 peak

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TRIBL will takeout the January 31 peak

  ·  2 years ago 

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TRIBL will stay in a trading range between the January 17 low and the January 31 peak until April 27

Correct.

TRIBL will takeout the January 31 peak

TRIBL will drop below the January 17 low

TRIBL will stay in a trading range between the January 17 low and the January 31 peak until April 27

TRIBL will takeout the January 31 peak

TRIBL will stay in a trading range between the January 17 low and the January 31 peak until April 27