Crypto Contest October 25: FABRK

Crypto Contest October 25: FABRK

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FABRK (Bithumb: FABKRW) 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, FABRK began a wave one advance on October 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 14, and the red wave two (blue sub-waves a-b-c) correction ended on October 23. If this wave count is correct, FABRK should be heading next towards the October 14 peak in the red wave three.

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

Funnymentals

FABRK is a blockchain social network putting power and profits in the hands of users and app developers. You can watch their intro video below.

(Sources: https://www.fabrk.io/)

How Will FABRK Trade?

FABRK (Bithumb: FABKRW) four-hour 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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• FABRK will takeout the October 14 peak

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• FABRK will drop below the October 4 low

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• FABRK will stay in a trading range between the October 4 low and the October 14 peak until November 30

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Answer the question at dpoll.xyz.