Crypto Contest December 1: Gifto

Words
189
Reading
1 min
Listen
Play
3y

Gifto (KuCoin: GFTUSDT) 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, GFT began a red wave one advance on September 18. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on September 29 and the red wave two (blue sub-waves a-b-c) correction ended on October 19. If this wave count is correct, GFT should be heading next towards the September 29 peak in the red wave three.

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

Funnymentals

Gifto is a web3 gift for everyone.

(Sources: https://gifto.io/)

How Will Gifto Trade?

Gifto (KuCoin: GFTUSDT) 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

GFT will takeout the September 29 peak

GFT will drop below the September 18 low

GFT will stay in a trading range between the September 18 low and the September 29 peak until January 6, 2024

Crypto Contest December 1: Gifto | Ecency