Crypto Contest October 28: Bitcoin SV
Bitcoin SV (Bitfinex: BSVBTC) 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, BSV began a wave one advance in May. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in June, and the red wave two (blue sub-waves a-b-c) correction ended in September. If this wave count is correct, BSV should be heading next towards the June peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Bitcoin SV is implementing the original Bitcoin protocol. You can watch their intro video below.
(Sources: https://bitcoinsv.io/)How Will Bitcoin SV Trade?
Bitcoin SV (Bitfinex: BSVBTC) 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.
- BSV will takeout the July peak
- BSV will drop below the September low
- BSV will stay in a trading range between the September low and the July peak until December 3
Answer the question at dpoll.xyz.