Crypto Contest March 5: MovieBloc

Crypto Contest March 5: MovieBloc

MovieBloc (Bithumb: MBLKRW) has broken out of the triangle pattern in the four-hour chart.

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

Elliott Wave Analysis

In Elliott Wave terms, MBL began a wave one advance on January 3. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on February 20, and the red wave two (blue sub-waves a-b-c) correction ended on February 27. If this wave count is correct, MBL should be heading next towards the February 20 peak in the red wave three.

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

Funnymentals

MovieBloc is a decentralized movie and content distribution platform. You can read the Binance Research report here.

(Sources: http://moviebloc.io/)

How Will MovieBloc Trade?

MovieBloc (Bithumb: MBLKRW) 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 and comment below.

• MBL will takeout the February peak

• MBL will drop below the January low

• MBL will stay in a trading range between the January low and the February peak until April 8

Answer the question at dpoll.xyz.