Crypto Contest May 4: 1X Short Privacy Index Token

in #blockchain5 years ago

1X Short Privacy Index Token (FTX: PRIVHEDGEUSD) 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, PRIVHEDGE began a red wave A (blue sub-waves a-b-c) advance on February 15. The red wave A finished on March 13, and the red wave B (blue sub-waves a-b-c) correction ended on April 30. If this wave count is correct, PRIVHEDGE should be heading next towards the March 13 peak in the red wave C.

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

Funnymentals

1X Short Privacy Index Token (PRIVHEDGE) is an ERC20 token which seeks a return that corresponds to -1 times the daily return of Privacy Index.

(Sources: https://ftx.com/tokens/PRIVHEDGE)

How Will PRIVHEDGE Trade?

1X Short Privacy Index Token (FTX: PRIVHEDGEUSD) 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.

PRIVHEDGE will takeout the March 13 peak

PRIVHEDGE will drop below the February 15 low

PRIVHEDGE will stay in a trading range between the February 15 low and the March 13 peak until June 8

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PRIVHEDGE will takeout the March 13 peak

PRIVHEDGE will drop below the February 15 low

PRIVHEDGE will drop below the February 15 low

PRIVHEDGE will stay in a trading range between the February 15 low and the March 13 peak until June 8

PRIVHEDGE will takeout the March 13 peak

PRIVHEDGE will drop below the February 15 low

PRIVHEDGE will takeout the March 13 peak

PRIVHEDGE will stay in a trading range between the February 15 low and the March 13 peak until June 8

PRIVHEDGE will stay in a trading range between the February 15 low and the March 13 peak until June 8

PRIVHEDGE will takeout the March 13 peak