Crypto Contest April 9: ABBC Coin

in #blockchain4 years ago

ABBC Coin (Bittrex: ABBCBTC) 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, ABBC began a wave one advance on March 1. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on March 14, and the red wave two (blue sub-waves a-b-c) correction ended on March 25. If this wave count is correct, ABBC should be heading next towards the March 14 peak in the red wave three.

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

Funnymentals

ABBC Foundation describes itself as a blockchain solutions provider in the MENA region that targets distribution, finance, shopping, and security. You can watch their intro video below.


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

How Will ABBC Coin Trade?

ABBC Coin (Bittrex: ABBCBTC) 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.

ABBC will takeout the March 14 peak

ABBC will drop below the March 1 low

ABBC will stay in a trading range between the March 1 low and the March 14 peak until May 13

Sort:  

ABBC will takeout the March 14 peak

ABBC will takeout the March 14 peak

ABBC will takeout the March 14 peak

ABBC will stay in a trading range between the March 1 low and the March 14 peak until May 13

ABBC will drop below the March 1 low

ABBC will drop below the March 1 low

ABBC will stay in a trading range between the March 1 low and the March 14 peak until May 13

ABBC will stay in a trading range between the March 1 low and the March 14 peak until May 13

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ABBC will stay in a trading range between the March 1 low and the March 14 peak until May 13

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