Crypto Contest August 23: Bitgert

Words
252
Reading
2 min
Listen
Play
4y

Bitgert (KuCoin: BRISEUSDT) 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, BRISE began a red wave one advance on August 13. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on August 15 and the red wave two (blue sub-waves a-b-c) correction ended on August 19. If this wave count is correct, BRISE should be heading next towards the August 15 peak in the red wave three.

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

Zooming out in the daily chart, I believe BRISE is currently in the red wave three (blue sub-wave iii). The red wave one began on June 18 and the red wave two correction ended on August 13.

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

Funnymentals

Bitgert is a crypto engineering organization that has built a super-fast blockchain, which has +100k TPS and has zero cost gas fee. Crypto University reviewed the project three months ago.

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

How Will Bitgert Trade?

Bitgert (KuCoin: BRISEUSDT) daily chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers (posts only).

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.

BRISE will takeout the August 15 peak

BRISE will drop below the August 13 low

BRISE will stay in a trading range between the August 13 low and the August 15 peak until September 29