eCash (Huobi: XECUSDT) 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, XEC began a red wave one advance on July 21. The red wave one peaked on August 6 and the red wave two correction ended on August 13. The red wave three (blue sub-waves i-ii-iii-iv-v) advance finished on September 5 and the red wave four (blue sub-waves a-b-c) correction ended on September 13. If this wave count is correct, XEC should be heading next towards the September 5 peak in the red wave five.
(Chart courtesy of Tradingview.com(log scale))
Funnymentals
eCash is a fork of bitcoin with a more aggressive technical roadmap. Cointelegraph News covered the birth of eCash three months ago.
(Sources: https://e.cash/)
How Will eCash Trade?
eCash (Huobi: XECUSDT) 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.
XEC will takeout the September 5 peak
XEC will drop below the July 21 low
XEC will stay in a trading range between the July 21 low and the September 5 peak until October 28