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Crypto Contest November 2: CRYPTO20

Asked by maarnio Promote - View in Hive.blog - Audit

CRYPTO20 (HitBTC: C20ETH) has broken out of the triangle pattern in the weekly chart. nimet-n.png (Chart courtesy of Tradingview.com (log scale))

Elliott Wave Analysis

In Elliott Wave terms, C20 began a wave one advance in July 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in November 2018, and the red wave two (blue sub-waves a-b-c) correction ended in October this year. If this wave count is correct, C20 should be heading next towards the November 2018 peak in the red wave three. nimet-n2.png (Chart courtesy of Tradingview.com (log scale))


CRYPTO20 is a tokenized crypto index fund. You can watch their intro video below.

(Sources: https://crypto20.com/en/)

How Will CRYPTO20 Trade?

CRYPTO20 (HitBTC: C20ETH) weekly chart by Tradingview. nimet-n3.png (Chart courtesy of Tradingview.com (log scale))


I will be giving upvotes to the correct answers with minimum reputation of 25.


This poll will expire in one week. Only one vote per person.

Which one will happen first?

Please select one of the three choices.

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C20 will stay in a trading range between the October low and the April peak until December 8 (36.49%) 27 / 74
36.49% Complete (success)
C20 will takeout the April peak (33.78%) 25 / 74
33.78% Complete (success)
C20 will drop below the October low (29.73%) 22 / 74
29.73% Complete (success)

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