Crypto Contest October 29: Bitcoin Cash
Crypto Contest October 29: Bitcoin Cash
Bitcoin Cash (Kraken: BCHUSD) 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, BCH began a wave one advance in December 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in June, and the red wave two (blue sub-waves a-b-c) correction could have ended this month. If this wave count is correct, BCH should be heading next towards the June peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Bitcoin Cash is "Peer-to-Peer Electronic Cash". You can watch their presentation earlier this month below.
(Sources: https://www.bitcoincash.org/)How Will Bitcoin Cash Trade?
Bitcoin Cash (Kraken: BCHUSD) 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.
- BCH will takeout the August peak
- BCH will drop below the October 23 low
- BCH will stay in a trading range between the October 23 low and the August peak until December 4
Answer the question at dpoll.xyz.
Voted for
Voted for
Voted for
$rewarding 40
The reward of this comment goes 100 % to the author kohr. This is done by setting the beneficiaries of this comment to 100 %.
Voted for
$rewarding 40
The reward of this comment goes 100 % to the author verhollo. This is done by setting the beneficiaries of this comment to 100 %.
Voted for
Voted for
$rewarding 40
The reward of this comment goes 100 % to the author frit. This is done by setting the beneficiaries of this comment to 100 %.
.
Voted for
Voted for