Crypto Contest December 27: Ethereum Classic

Crypto Contest December 27: Ethereum Classic

Ethereum Classic (Kraken: ETCUSD) 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, ETC began a wave one advance in December 2018. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in June this year, and the red wave two (blue sub-waves a-b-c) correction ended on December 18. If this wave count is correct, ETC should be heading next towards the June peak in the red wave three.

(Chart courtesy of Tradingview.com (log scale))

Zooming out in the monthly chart, I believe ETC is currently in the red wave three (blue sub-wave iii). The red wave three began in December 2018.

(Chart courtesy of Tradingview.com (log scale))

Funnymentals

Agharta hard fork expected around Jan. 15 could be the reason for the recent price surge.

(Sources: https://ethereumclassic.org/)

How Will Ethereum Classic Trade?

Ethereum Classic (Kraken: ETCUSD) 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.

• ETC will takeout the November 7 peak

• ETC will drop below the December 18 low

• ETC will stay in a trading range between the December 18 low and the November 7 peak until February 1

Answer the question at dpoll.xyz.