Crypto Contest October 24: PlayZap

Words
215
Reading
1 min
Listen
Play
3y

PlayZap (KuCoin: PZPUSDT) 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, PZP began a red wave one advance on August 17. The red wave one peaked on August 22 and the red wave two correction ended on September 7. The red wave three (blue sub-waves i-ii-iii-iv-v) finished on September 17 and the red wave four (blue sub-waves a-b-c) ended on October 12. If this wave count is correct, PZP should be heading next towards the September 17 peak in the red wave five.

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

Funnymentals

PlayZap is a web3 gaming platform for casual competitive gamers. Crypto Eddy reviewed the project one week ago.

(Sources: https://www.playzap.games/)

How Will PlayZap Trade?

PlayZap (KuCoin: PZPUSDT) 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

PZP will takeout the September 17 peak

PZP will drop below the August 17 low

PZP will stay in a trading range between the August 17 low and the September 17 peak until November 30