Crypto Contest December 23: EFFORCE
EFFORCE (Uniswap: WOZXWETH) 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, WOZX began a red wave one advance on December 7. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 9 and the red wave two (blue sub-waves a-b-c) correction ended on December 19. If this wave count is correct, WOZX should be heading next towards the December 9 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
EFFORCE (WOZX) is the native cryptocurrency token of energy efficiency platform Efforce. Coin Trades reviewed the project earlier this month.
(Sources: https://www.efforce.io/)How Will EFFORCE Trade?
EFFORCE (Uniswap: WOZXWETH) 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 and comment below.
WOZX will takeout the December 8 peak
WOZX will drop below the December 7 low
WOZX will stay in a trading range between the December 7 low and the December 8 peak until January 29, 2021
WOZX will stay in a trading range between the December 7 low and the December 8 peak until January 29, 2021
WOZX will stay in a trading range between the December 7 low and the December 8 peak until January 29, 2021
WOZX will drop below the December 7 low
Correct.
WOZX will stay in a trading range between the December 7 low and the December 8 peak until January 29, 2021
WOZX will stay in a trading range between the December 7 low and the December 8 peak until January 29, 2021
WOZX will drop below the December 7 low
Correct.
WOZX will stay in a trading range between the December 7 low and the December 8 peak until January 29, 2021
WOZX will stay in a trading range between the December 7 low and the December 8 peak until January 29, 2021
WOZX will drop below the December 7 low
Correct.
WOZX will drop below the December 7 low
Correct.