Crypto Contest October 13: BORA
BORA (Bittrex: BORABTC) 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, BORA began a wave one advance on September 30. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 7, and the red wave two (blue sub-waves a-b-c) correction ended on October 12. If this wave count is correct, BORA should be heading next towards the October 7 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
BORA connects your digital life to blockchain. You can watch their intro video below.
(Sources: https://island.boraecosystem.com/)How Will BORA Trade?
BORA (Bittrex: BORABTC) 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.
- BORA will takeout the October 7 peak
- BORA will drop below the September 30 low
- BORA will stay in a trading range between the September 30 low and the October 7 peak until November 18
Answer the question at dpoll.xyz.