Crypto Contest January 25: PointPay

PointPay (Bittrex: PXPUSDT) 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, PXP began a red wave one advance on January 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 14 and the red wave two (blue sub-waves a-b-c) correction ended on January 23. If this wave count is correct, PXP should be heading next towards the January 14 peak in the red wave three.

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

Funnymentals

PointPay is an Estonia-regulated company with international team that has created all-in-one cryptocurrency ecosystem of 4 products. You can watch their latest weekly update below.

(Sources: https://pointpay.io/)

How Will PointPay Trade?

PointPay (Bittrex: PXPUSDT) 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.

PXP will takeout the January 14 peak

PXP will drop below the January 11 low

PXP will stay in a trading range between the January 11 low and the January 14 peak until March 4