PlatON Network (OKX: LATUSDT) 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, LAT began a red wave one advance on July 25. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on July 27 and the red wave two (blue sub-waves a-b-c) correction ended on August 5. If this wave count is correct, LAT should be heading next towards the July 27 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
PlatON is an open financial infrastructure with privacy-preserving computation as its technical feature. You can find their latest monthly report here https://www.platon.network/informationDetail?id=115&plat=3
(Sources: https://www.platon.network/)
How Will PlatON Network Trade?
PlatON Network (OKX: LATUSDT) 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
LAT will takeout the July 27 peak
LAT will drop below the July 25 low
LAT will stay in a trading range between the July 25 low and the July 27 peak until September 19
232.177 SRY