Crypto Contest October 23: TopChain
Crypto Contest October 23: TopChain
TopChain (Huobi: TOPCBTC) 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, TopChain began a wave one advance in July. The red wave one (blue sub-waves i-ii-iii-iv-v) finished in August, and the red wave two (blue sub-waves a-b-c) correction ended on October 22. If this wave count is correct, TopChain should be heading next towards the August peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
TopChain is a global decentralized gaming community. You can find their latest BlockGame report here.
(Sources: http://www.topc.io/)
How Will TopChain Trade?
TopChain (Huobi: TOPCBTC) 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.
- TopChain will takeout the September 22 peak
- TopChain will drop below the July 19 low
- TopChain will stay in a trading range between the July 19 low and the September 22 peak until November 28
Answer the question at dpoll.xyz.
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.
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$trendotoken
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Probably. It is very close to it.
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