Crypto Contest September 20: FTX Token

Crypto Contest September 20: FTX Token

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FTX Token (FTX: FTTUSDT) 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, FTX Token began a wave one advance on July 29. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on August 8, and the red wave two (blue sub-waves a-b-c) correction ended on September 2. If this wave count is correct, FTX Token should be heading next towards the August 8 peak in the red wave three.

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

Funnymentals

FTX is a cryptocurrency derivatives exchange that offers futures, leveraged tokens and OTC trading. You can watch the CEO interview below.

(Sources: https://ftx.com/)

How Will FTX Token Trade?

FTX Token (FTX: FTTUSDT) 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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• FTX Token will takeout the August 8 peak

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• FTX Token will drop below the July 29 low

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• FTX Token will stay in a trading range between the July 29 low and the August 8 peak until October 26

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Answer the question at dpoll.xyz.