Crypto Contest February 25: Global Social Chain
Global Social Chain (Huobi: GSCBTC) 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, GSC began a wave one advance on January 29. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 7, and the red wave two (blue sub-waves a-b-c) correction ended on February 17. If this wave count is correct, GSC should be heading next towards the February 7 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
At present, Global Social Chain has a professional team of more than 100 people and a global community of more than 1 million users. You can read their latest bi-weekly report here.
(Sources: https://www.gsc.social/)
How Will Global Social Chain Trade?
Global Social Chain (Huobi: GSCBTC) four-hour 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.
- GSC will takeout the February 7 peak
- GSC will drop below the January 29 low
- GSC will stay in a trading range between the January 29 low and the February 7 peak until March 31
Answer the question at dpoll.xyz.