SwissBorg (HitBTC: CHSBETH) 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, CHSB began a wave one advance on July 25. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on September 7, and the red wave two (blue sub-waves a-b-c) correction ended on October 12. If this wave count is correct, CHSB should be heading next towards the September 7 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
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How Will SwissBorg Trade?
SwissBorg (HitBTC: CHSBETH) 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.
CHSB will takeout the September peak
CHSB will drop below the July low
CHSB will stay in a trading range between the July low and the September peak until December 10
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CHSB will stay in a trading range between the July low and the September peak until December 10
(42.35%)
36
/ 85
42.35% Complete (success)
CHSB will takeout the September peak
(34.12%)
29
/ 85
34.12% Complete (success)
CHSB will drop below the July low
(23.53%)
20
/ 85
23.53% Complete (success)