Crypto Contest October 29: Safe Haven

in #blockchain4 years ago

Safe Haven (KuCoin: SHAUSDT) 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, SHA began a red wave one advance on October 7. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 10 and the red wave two (blue sub-waves a-b-c) correction ended on October 28. If this wave count is correct, SHA should be heading next towards the October 10 peak in the red wave three.

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

Funnymentals

Safe Haven is building multiple asset management solutions focused on B2B2C clients. Altcoin Buzz interviewed the CEO one month ago.

(Sources: https://safehaven.io/)

How Will Safe Haven Trade?

Safe Haven (KuCoin: SHAUSDT) 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.

SHA will takeout the October 10 peak

SHA will drop below the October 7 low

SHA will stay in a trading range between the October 7 low and the October 10 peak until December 5

Sort:  

SHA will takeout the October 10 peak

SHA will drop below the October 7 low

SHA will stay in a trading range between the October 7 low and the October 10 peak until December 5

SHA will drop below the October 7 low

SHA will drop below the October 7 low

SHA will drop below the October 7 low

SHA will takeout the October 10 peak

SHA will drop below the October 7 low

SHA will takeout the October 10 peak

SHA will stay in a trading range between the October 7 low and the October 10 peak until December 5

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