Polaris Share (Bithumb: POLAKRW) 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, POLA began a red wave one advance on November 19. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 22 and the red wave two (blue sub-waves a-b-c) correction ended on December 9. If this wave count is correct, POLA should be heading next towards the November 22 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Polaris Share service is a distributed incentive knowledge trading system. You can read their whitepaper here.
(Sources: https://polarishare.io/)
How Will Polaris Share Trade?
Polaris Share (Bithumb: POLAKRW) four-hour chart by Tradingview.
(Chart courtesy of Tradingview.com (log scale))
Prizes
I will be giving upvotes to the correct answers.
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.
POLA will takeout the November 22 peak
POLA will drop below the November 19 low
POLA will stay in a trading range between the November 19 low and the November 22 peak until January 17, 2021
POLA will stay in a trading range between the November 19 low and the November 22 peak until January 17, 2021