Crypto Contest January 25: Bitcoin Standard Hashrate Token

in #blockchain4 years ago

Bitcoin Standard Hashrate Token (Binance: BTCSTUSDT) 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, BTCST began a red wave one advance on January 13. The red wave one peaked on January 13 and the red wave two (blue sub-waves a-b-c) correction ended on January 22. If this wave count is correct, BTCST should be heading next towards the January 13 peak in the red wave three.

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

Funnymentals

Bitcoin Standard Hashrate Token brings exchange-grade liquidity to Bitcoin mining. Each BTCST is collateralized by real Bitcoin mining power. CryptoGainz reviewed the token two weeks ago.

(Sources: https://www.1-b.tc/)

How Will Bitcoin Standard Hashrate Token Trade?

Bitcoin Standard Hashrate Token (Binance: BTCSTUSDT) 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.

BTCST will takeout the January 14 peak

BTCST will drop below the January 13 low

BTCST will stay in a trading range between the January 13 low and the January 14 peak until March 3

Sort:  

BTCST will stay in a trading range between the January 13 low and the January 14 peak until March 3

BTCST will drop below the January 13 low

BTCST will takeout the January 14 peak

BTCST will takeout the January 14 peak

BTCST will stay in a trading range between the January 13 low and the January 14 peak until March 3

BTCST will takeout the January 14 peak

BTCST will drop below the January 13 low

BTCST will drop below the January 13 low

BTCST will stay in a trading range between the January 13 low and the January 14 peak until March 3

BTCST will stay in a trading range between the January 13 low and the January 14 peak until March 3

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