Crypto Contest October 2: xSigma

in #steemleo3 years ago

xSigma (Bittrex: SIGUSDT) 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, SIG began a red wave one advance on July 27. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 29 and the red wave two (blue sub-waves a-b-c) correction ended on September 24. If this wave count is correct, SIG should be heading next towards the August 29 peak in the red wave three.

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

Funnymentals

xSigma is a blockchain R&D lab that was created by ZK International, a publicly-traded company (NASDAQ: ZKIN). You can watch their latest interview below.

(Sources: https://xsigma.com/)

How Will xSigma Trade?

xSigma (Bittrex: SIGUSDT) 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.

SIG will takeout the August 29 peak

SIG will drop below the July 27 low

SIG will stay in a trading range between the July 27 low and the August 29 peak until November 9

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SIG will stay in a trading range between the July 27 low and the August 29 peak until November 9

SIG will stay in a trading range between the July 27 low and the August 29 peak until November 9

SIG will drop below the July 27 low

SIG will drop below the July 27 low

SIG will drop below the July 27 low

SIG will stay in a trading range between the July 27 low and the August 29 peak until November 9

SIG will stay in a trading range between the July 27 low and the August 29 peak until November 9

SIG will stay in a trading range between the July 27 low and the August 29 peak until November 9

SIG will stay in a trading between the July 27 low and the Aug 29 peak until Nov 9

SIG will stay in a trading range between the July 27 low and the August 29 peak until November 9