Super Bitcoin (HitBTC: SBTCUSDT) 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, SBTC began a wave one advance on October 8, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 30, 2019, and the red wave two (blue sub-waves a-b-c) correction ended on December 28, 2019. If this wave count is correct, SBTC should be heading next towards the October 30, 2019 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Super Bitcoin is a fork of Bitcoin with the following features.
(Sources: http://superbtc.org/)
How Will Super Bitcoin Trade?
Super Bitcoin (HitBTC: SBTCUSDT) 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.
SBTC will takeout the October 30, 2019 peak
SBTC will drop below the October 8, 2019 low
SBTC will stay in a trading range between the October 8, 2019 low and the October 30, 2019 peak until February 22
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SBTC will takeout the October 30, 2019 peak
(44.12%)
15
/ 34
44.12% Complete (success)
SBTC will drop below the October 8, 2019 low
(29.41%)
10
/ 34
29.41% Complete (success)
SBTC will stay in a trading range between the October 8, 2019 low and the October 30, 2019 peak until February 22
(26.47%)
9
/ 34
26.47% Complete (success)