MindCell (Bittrex: MDCUSD) 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, MDC began a red wave one advance on November 11. The red wave one peaked on November 11 and the red wave two (blue sub-waves a-b-c) correction ended on November 22. If this wave count is correct, MDC should be heading next towards the November 11 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
MindCell is a platform based on building and sharing beauty information. You can read their whitepaper here.
(Sources: https://mindcell.io/)
How Will MindCell Trade?
MindCell (Bittrex: MDCUSD) 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.
MDC will takeout the November 11 peak
MDC will drop below the November 11 low
MDC will stay in a trading range between the November 11 low and the November 11 peak until December 30