Crypto Contest August 10: BORA

in #steemleo3 years ago

BORA (Upbit: BORAKRW) 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, BORA began a red wave one advance on November 3, 2020. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on April 2 this year and the red wave two (blue sub-waves a-b-c) correction ended on June 22. If this wave count is correct, BORA should be heading next towards the April 2 peak in the red wave three.

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

Funnymentals

BORA is a decentralized digital contents platform. Blockchain Gaming World reviewed the project last year.

(Sources: https://www.boraecosystem.com/)

How Will BORA Trade?

BORA (Upbit: BORAKRW) 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.

BORA will takeout the April 2021 peak

BORA will drop below the November 2020 low

BORA will stay in a trading range between the November 2020 low and the April 2021 peak until September 16

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BORA will stay in a trading range between the November 2020 low and the April 2021 peak until September 16

BORA will stay in a trading range between the Nov 2020 low and the April 2021 peak until Sept 16

BORA will stay in a trading range between the November 2020 low and the April 2021 peak until September 16

BORA will drop below the November 2020 low

BORA will stay in a trading range between the November 2020 low and the April 2021 peak until September 16

BORA will stay in a trading range between the November 2020 low and the April 2021 peak until September 16

BORA will stay in a trading range between the November 2020 low and the April 2021 peak until September 16

BORA will takeout the April 2021 peak

BORA will stay in a trading range between the November 2020 low and the April 2021 peak until September 16

BORA will stay in a trading range between the November 2020 low and the April 2021 peak until September 16

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