BioPassport Token (Bithumb: BIOTKRW) 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, BIOT began a red wave one advance on March 16. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 20 and the red wave two (blue sub-waves a-b-c) correction ended on March 25. If this wave count is correct, BIOT should be heading next towards the March 20 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Zooming out in the daily chart, I believe BIOT is currently in the red wave three (blue sub-wave iii). The red wave one began on March 8 and the red wave two correction ended on March 16.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Bio Passport is a telehealth platform that can remotely monitor personal health in the post-corona era, COVID-19, lung cancer and atopic test kits. You can watch their intro video below.
How Will BioPassport Token Trade?
BioPassport Token (Bithumb: BIOTKRW) four-hour 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 and comment below.
BIOT will takeout the March 20 peak
BIOT will drop below the March 16 low
BIOT will stay in a trading range between the March 16 low and the March 20 peak until May 5