Standard Tokenization Protocol (Bittrex: STPTUSD) 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, STPT began a wave one advance on September 30, 2019. The red wave one finished on October 26, 2019, and the red wave two correction ended on November 25, 2019. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on March 24 this year, and the red wave four correction ended on April 7. If this wave count is correct, STPT should be heading next towards the March 24 peak in the red wave five.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Standard Tokenization Protocol is a decentralized tokenization network.
(Sources: https://stp.network/)
How Will Standard Tokenization Protocol Trade?
Standard Tokenization Protocol (Bittrex: STPTUSD) daily 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.
STPT will takeout the March 24 peak
STPT will drop below the March 13 low
STPT will stay in a trading range between the March 13 low and the March 24 peak until May 12
STPT will takeout the March 24 peak
STPT will stay in a trading range between the March 13 low and the March 24 peak until May 12
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@voice71/q9z3pb
STPT will stay in a trading range between the March 13 low and the March 24 peak until May 12
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@verhollo/qa0gf2
STPT will drop below the March 13 low
STPT will stay in a trading range between the March 13 low and the March 24 peak until May 12
Correct. Upvoted your post:
https://hive.blog/hive-176853/@toofasteddie/xhst-activity-1589227887
STPT will stay in a trading range between the March 13 low and the March 24 peak until May 12
Correct. Upvoted your comment:
https://hive.blog/spanish/@jorgebgt/qa8k9a
STPT will takeout the March 24 peak
STPT will stay in a trading range between the March 13 low and the March 24 peak until May 12
Correct. Upvoted your comment:
https://hive.blog/hive-163399/@koskl/re-peakd-q9zjmz
STPT will stay in a trading range between the March 13 low and the March 24 peak until May 12
Correct. Upvoted your post:
https://hive.blog/mytoyphotography/@eii/mytoyphotography-13-05-2020
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.STPT will drop below the March 13 low
STPT will takeout the March 24 peak
STPT will stay in a trading range between the March 13 low and the March 24 peak until May 12
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@zazamorton/q9zaxh
STPT will drop below the March 13 low
STPT will stay in a trading range between the March 13 low and the March 24 peak until May 12
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@tanqu/q9z7qn
STPT will drop below the March 13 low
STPT will takeout the March 24 peak
STPT will drop below the March 13 low
STPT will drop below the March 13 low
STPT will takeout the March 24 peak
STPT will drop below the March 13 low
STPT will stay in a trading range between the March 13 low and the March 24 peak until May 12
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@kohr/qa0eot
STPT will drop below the March 13 low
STPT will stay in a trading range between the March 13 low and the March 24 peak until May 12
Correct. Upvoted your comment:
https://hive.blog/hive-167922/@muscarno/qa42b9
STPT will takeout the March 24 peak
STPT will drop below the March 13 low
.
STPT will takeout the March 24 peak
STPT will drop below the March 13 low