Crypto Contest October 14: Braintrust

in #steemleo3 years ago

Braintrust (Coinbase: BTRSTUSD) 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, BTRST began a red wave one advance on October 8. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 11 and the red wave two (blue sub-waves a-b-c) correction ended on October 13. If this wave count is correct, BTRST should be heading next towards the October 11 peak in the red wave three.

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

Funnymentals

Braintrust is a decentralized talent network that "connects skilled, vetted knowledge workers with the world’s leading companies." The Art of Finance reviewed the project five days ago.

(Sources: https://www.usebraintrust.com/)

How Will Braintrust Trade?

Braintrust (Coinbase: BTRSTUSD) four-hour 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.

BTRST will takeout the October 11 peak

BTRST will drop below the October 8 low

BTRST will stay in a trading range between the October 8 low and the October 11 peak until November 21

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BTRST will stay in a trading range between the October 8 low and the October 11 peak until November 21

BTRST will drop below the October 8 low

BTRST will drop below the October 8 low

BTRST will drop below the October 8 low

BTRST will drop below the October 8 low

BTRST will drop below the October 8 low

BTRST will drop below the October 8 low

BTRST will drop below the October 8 low

BTRST will stay in a trading range between the October 8 low and the October 11 peak until November 21

BTRST will stay in a trading range between the October 8 low and the October 11 peak until November 21