Crypto Contest December 14: Tap Protocol

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Tap Protocol (KuCoin: TAPUSDT) 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, TAP began a red wave one advance on October 23. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on November 2 and the red wave two (blue sub-waves a-b-c) correction ended on November 25. If this wave count is correct, TAP should be heading next towards the November 2 peak in the red wave three.

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

Funnymentals

Tap Protocol is the home of Defi & dApps on L1 Bitcoin. You can find their intro video below.

(Sources: https://www.tap-protocol.com/)

How Will Tap Protocol Trade?

Tap Protocol (KuCoin: TAPUSDT) 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

TAP will takeout the November 2 peak

TAP will drop below the October 23 low

TAP will stay in a trading range between the October 23 low and the November 2 peak until January 20

Posted Using InLeo Alpha

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17 comments
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TAP will stay in a trading range between the October 23 low and the November 2 peak until January 20

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TAP will drop below the October 23 low
!BEER

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TAP will stay in a trading range between the October 23 low and the November 2 peak until January 20

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TAP will stay in a trading range between the October 23 low and the November 2 peak until January 20

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TAP will takeout the November 2 peak

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TAP will stay in a trading range between the October 23 low and the November 2 peak until January 20

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TAP will stay in a trading range between the October 23 low and the November 2 peak until January 20

!BEER
!BBH
!WINE

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@maarnio! @eii likes your content! so I just sent 1 BBH to your account on behalf of @eii. (2/5)

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TAP will stay in a trading range between the October 23 low and the November 2 peak until January 20
!WINE
!BEER

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avatar

TAP will stay in a trading range between the October 23 low and the November 2 peak until January 20

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0.000
Reply