Crypto Contest October 4: CYCLUB
CYCLUB (Bithumb: CYCLUBKRW) 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, CYCLUB began a red wave one advance on June 22. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 2 and the red wave two (blue sub-waves a-b-c) correction ended on September 8. If this wave count is correct, CYCLUB should be heading next towards the August 2 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
CyClub is a voice/text-based social network. You can find their whitepaper here.
(Sources: https://cyclub.io/)
How Will CYCLUB Trade?
CYCLUB (Bithumb: CYCLUBKRW) 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.
CYCLUB will takeout the August 2 peak
CYCLUB will drop below the June 22 low
CYCLUB will stay in a trading range between the June 22 low and the August 2 peak until November 11
CYCLUB will stay in a trading range between the June 22 low and the August 2 peak until November 11
CYCLUB will stay in a trading range between the June 22 low and the August 2 peak until November 11
CYCLUB will stay in a trading range between the June 22 low and the August 2 peak until November 11
CYCLUB will stay in a trading range between the June 22 low and the August 2 peak until November 11
CYCLUB will drop below the June 22 low
CYCLUB will stay in a trading range between the June 22 low and the August 2 peak until November 11
CYCLUB will drop below the June 22 low
CYCLUB will drop below the June 22 low
CYCLUB will drop below the June 22 low
CYCLUB will stay in a trading range between the June 22 low and the August 2 peak until November 11