Crypto Contest December 1: Ultra
Ultra (Bitfinex: UOSUSD) 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, UOS began a wave one advance on September 30. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 19, and the red wave two (blue sub-waves a-b-c) correction ended on November 27. If this wave count is correct, UOS should be heading next towards the November 19 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Ultra is the next-generation games distribution platform, offering new solutions to both developers and players. BlockchainBrad interviewed the co-CEOs back in July this year.
(Sources: https://ultra.io/)How Will Ultra Trade?
Ultra (Bitfinex: UOSUSD) 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.
- UOS will takeout the November peak
- UOS will drop below the September low
- UOS will stay in a trading range between the September low and the November peak until January 6
Answer the question at dpoll.xyz.