Crypto Contest November 28: Carry

Crypto Contest November 28: Carry

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Carry (Huobi: CREBTC) 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, CRE began a wave one advance on October 26. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 1, and the red wave two (blue sub-waves a-b-c) correction ended on November 26. If this wave count is correct, CRE should be heading next towards the November 1 peak in the red wave three.

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

Funnymentals

Carry protocol powers next generation of apps for offline retail, delivering real incentives that enable consumers, merchants and advertisers alike. You can watch their intro video below.

(Sources: https://carryprotocol.io/)

How Will Carry Trade?

Carry (Huobi: CREBTC) 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.

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• CRE will takeout the November 1 peak

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• CRE will drop below the October 26 low

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• CRE will stay in a trading range between the October 26 low and the November 1 peak until January 3

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Answer the question at dpoll.xyz.