Crypto Contest September 29: Alphacat
Alphacat (HitBTC: ACATUSDT) 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, Alphacat began a wave one advance on February 11. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on June 27, and the red wave two (blue sub-waves a-b-c) correction ended on September 13. If this wave count is correct, Alphacat should be heading next towards the June 27 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Alphacat is a marketplace for simple-to-use robo-advisors focused on cryptocurrency investment. You can watch their intro video below.
(Sources: https://www.alphacat.io/)How Will Alphacat Trade?
Alphacat (HitBTC: ACATUSDT) 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.
- Alphacat will takeout the June peak
- Alphacat will drop below the February low
- Alphacat will stay in a trading range between the February low and the June peak until November 4
Answer the question at dpoll.xyz.