Crypto Contest December 7: CVCoin
CVCoin (Huobi: CVCOINBTC) 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, CVCoin began a wave one advance on November 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 2, and the red wave two (blue sub-waves a-b-c) correction ended on December 6. If this wave count is correct, CVCoin should be heading next towards the December 2 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
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(Sources: https://crypviser.network/#company)How Will CVCoin Trade?
CVCoin (Huobi: CVCOINBTC) 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.
- CVCoin will takeout the December 2 peak
- CVCoin will drop below the November 25 low
- CVCoin will stay in a trading range between the November 25 low and the December 2 peak until January 12
Answer the question at dpoll.xyz.