Crypto Contest April 18: Bitcicoin

Bitcicoin (Bittrex: BITCIUSDT) 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, BITCI began a red wave one advance on April 11. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 14 and the red wave two (blue sub-waves a-b-c) correction ended on April 15. If this wave count is correct, BITCI should be heading next towards the April 14 peak in the red wave three.

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

Funnymentals

Bitcichain is private Proof of Authority (PoA) blockchain network. BigONE Exchange reviewed the project last year.

(Sources: https://www.bitcichain.com/en)

How Will Bitcicoin Trade?

Bitcicoin (Bittrex: BITCIUSDT) four-hour chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers (posts only).

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.

BITCI will takeout the April 14 peak

BITCI will drop below the April 11 low

BITCI will stay in a trading range between the April 11 low and the April 14 peak until May 25