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Crypto Contest May 12: PKT

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Markus Aarnio
@maarnio
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PKT (Bittrex: PKTUSDT) has broken out of the triangle pattern in the daily chart. (Chart courtesy of Tradingview.com)

Elliott Wave Analysis

In Elliott Wave terms, PKT began a red wave one advance on March 16. The red wave one peaked on March 16 and the red wave two (blue sub-waves a-b-c) correction ended on April 17. If this wave count is correct, PKT should be heading next towards the March 16 peak in the red wave three. (Chart courtesy of Tradingview.com)

Funnymentals

PKT is an ecosystem of apps that decentralize access to the internet. You can watch their latest episode below.

(Sources: https://pkt.cash/)

How Will PKT Trade?

PKT (Bittrex: PKTUSDT) daily chart by Tradingview. (Chart courtesy of Tradingview.com)

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.

PKT will takeout the March 16 peak

PKT will drop below the March 16 low

PKT will stay in a trading range between the March 16 low and the March 16 peak until June 18

Posted Using LeoFinance Beta