Crypto Contest March 22: LaunchBlock.Com

LaunchBlock.com (Huobi: LBPUSDT) 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, LBP began a red wave one advance on March 10. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on March 18 and the red wave two (blue sub-waves a-b-c) correction ended on March 20. If this wave count is correct, LBP should be heading next towards the March 18 peak in the red wave three.

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

Funnymentals

LaunchBlock.com is a "borderless" incubator for raising funds & scaling projects across the GameFi, NFT financing, DeFi and the entire cryptocurrency space. Crypto MY reviewed the project three weeks ago.

(Sources: https://launchblock.com/)

How Will LaunchBlock.com Trade?

LaunchBlock.com (Huobi: LBPUSDT) four-hour 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.

LBP will takeout the March 18 peak

LBP will drop below the March 10 low

LBP will stay in a trading range between the March 10 low and the March 18 peak until April 29