Crypto Contest January 18: Power Ledger

Power Ledger (Binance: POWRBTC) has broken out of the triangle pattern in the weekly chart.

(Chart courtesy of (log scale))
Elliott Wave Analysis
In Elliott Wave terms, Power Ledger began a wave one advance in November 2017. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in January 2018, and the red wave two (blue sub-waves a-b-c) correction ended in November 2018. If this wave count is correct, Power Ledger should be heading next towards the January 2018 peak in the red wave three.

(Chart courtesy of (log scale))
Power Ledger provides blockchain energy solutions for humanity. You can view their peer-to-peer electricity trading project in Bangkok,