Crypto Contest April 17: Toko Token

Toko Token (Binance: TKOUSDT) 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, TKO began a red wave one advance on April 7. The red wave one peaked on April 7 and the red wave two (blue sub-waves a-b-c) correction ended on April 16. If this wave count is correct, TKO should be heading next towards the April 7 peak in the red wave three. (Chart courtesy of Tradingview.com (log scale))

Funnymentals

Tokocrypto is Indonesia's "fastest growing" digital asset exchange in trading volumes and user registrations. You can read their Binance Research report here. (Sources: https://www.tokocrypto.com/en/)

How Will Toko Token Trade?

Toko Token (Binance: TKOUSDT) 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.

TKO will takeout the April 7 peak

TKO will drop below the April 7 low

TKO will stay in a trading range between the April 7 low and the April 7 peak until May 24

Posted Using LeoFinance ^Beta