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Crypto Contest May 13: Lympo

maarnio

Published: 13 May 2020 › Updated: 13 May 2020Crypto Contest May 13: Lympo

Crypto Contest May 13: Lympo

Lympo (Huobi: LYMBTC) 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, LYM began a red wave one advance on April 17. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on April 26, and the red wave two (blue sub-waves a-b-c) correction ended on April 30. If this wave count is correct, LYM should be heading next towards the April 26 peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Lympo is a decentralized health, wellness and lifelog data empowerment and monetization platform. You can view some of their accomplishments below.

(Sources: https://lympo.com/monetizing-health-wellness-and-lifelog-data-via-blockchain/?home)

How Will Lympo Trade?

Lympo (Huobi: LYMBTC) 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.

LYM will takeout the April 26 peak

LYM will drop below the April 17 low

LYM will stay in a trading range between the April 17 low and the April 26 peak until June 17

Leave Crypto Contest May 13: Lympo to:

Written by

I have 20 years of investing experience. I have traded stocks, commodities, cryptocurrencies, and forex markets.

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