Geeq (KuCoin: GEEQUSDT) 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, GEEQ began a red wave one advance on October 5. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 7 and the red wave two (blue sub-waves a-b-c) correction ended on October 9. If this wave count is correct, GEEQ should be heading next towards the October 7 peak in the red wave three.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
Geeq is a multi-blockchain platform secured by what the team calls their Proof of Honesty protocol, proclaiming the mechanism to be "safe enough for the most valuable data, cheap enough for IoT, and flexible enough for any use." CryptoCoinShow interviewed the co-founder two months ago.
(Sources: https://geeq.io/)
How Will Geeq Trade?
Geeq (KuCoin: GEEQUSDT) four-hour 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.
GEEQ will takeout the October 7 peak
GEEQ will drop below the October 5 low
GEEQ will stay in a trading range between the October 5 low and the October 7 peak until November 16