Crypto Contest January 28: Tectum

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Tectum (MEXC: TETUSDT) 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, TET began a red wave one advance on December 24, 2023. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on January 11 this year and the red wave two (blue sub-waves a-b-c) correction ended on January 26 this year. If this wave count is correct, TET should be heading next towards the January 11 peak in the red wave three.

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

Funnymentals

The Tectum blockchain exceeds 1 million transactions per second using a proprietary Proof-of-Utility consensus. Minted Max reviewed the project two weeks ago.

(Sources: https://tectum.io/)

How Will Tectum Trade?

Tectum (MEXC: TETUSDT) 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

TET will takeout the January 11 peak

TET will drop below the December 24 low

TET will stay in a trading range between the December 24 low and the January 11 peak until March 4

Posted Using InLeo Alpha

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52 comments
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TET will stay in a trading range between the December 24 low and the January 11 peak until March 4

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TET will stay in a trading range between the December 24 low and the January 11 peak until March 4

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TET will stay in a trading range between the December 24 low and the January 11 peak until March 4

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(Edited)

PIZZA!

$PIZZA slices delivered:
maarnio tipped libertycrypto27
libertycrypto27 tipped maarnio
eii tipped maarnio
@maarnio(2/10) tipped @eii

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TET will takeout the January 11 peak

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TET will stay in a trading range between the December 24 low and the January 11 peak until March 4

!BEER
!BBH
!WINE

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@maarnio! Your Content Is Awesome so I just sent 1 $BBH (Bitcoin Backed Hive) to your account on behalf of @eii. (2/5)

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TET will drop below the December 24 low

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