Kylacoin (CoinEx: KCNUSDT) has broken out of the triangle pattern in the daily chart.
(Chart courtesy of Tradingview.com(log scale))
Elliott Wave Analysis
In Elliott Wave terms, KCN began a red wave one advance on November 6. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 12 and the red wave two (blue sub-waves a-b-c) correction ended on November 26. If this wave count is correct, KCN should be heading next towards the November 12 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Kylacoin is a layer 1 blockchain ecosystem offering unmatched security and a reliable store of value. The max supply is only 21,000 coins.
(Sources: https://kylacoin.com/)
How Will Kylacoin Trade?
Kylacoin (CoinEx: KCNUSDT) daily 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
KCN will takeout the November 12 peak
KCN will drop below the November 6 low
KCN will stay in a trading range between the November 6 low and the November 12 peak until January 15
Posted Using InLeo Alpha
