Crypto Contest October 8: Cocos-BCX
Cocos-BCX (Binance: COCOSUSDT) 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, COCOS began a wave one advance on September 29. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 2, and the red wave two (blue sub-waves a-b-c) correction ended on October 5. If this wave count is correct, COCOS should be heading next towards the October 2 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Cocos-BCX is a platform for the next generation of digital game economy. BlockchainBrad interviewed the founder one month ago.
(Sources: https://www.cocosbcx.io/)How Will Cocos-BCX Trade?
Cocos-BCX (Binance: COCOSUSDT) 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.
- COCOS will takeout the October 2 peak
- COCOS will drop below the September 29 low
- COCOS will stay in a trading range between the September 29 low and the October 2 peak until November 13
Answer the question at dpoll.xyz.