Crypto Contest February 18: Bit.Store

in #crypto2 years ago

Bit.Store (Huobi: STOREUSDT) 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, STORE began a red wave one advance on January 26. The red wave one peaked on January 26 and the red wave two (blue sub-waves a-b-c) correction ended on February 6. If this wave count is correct, STORE should be heading next towards the January 26 peak in the red wave three.

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

Funnymentals

Bit.Store is a global social digital asset investment platform aimed to make it possible for ordinary people to conveniently and securely access the crypto investment market. HOT CRYPTO NEWS reviewed the project last month.

(Sources: http://bit.store/)

How Will Bit.Store Trade?

Bit.Store (Huobi: STOREUSDT) four-hour chart by Tradingview.

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

Prizes

I will be giving upvotes to the correct answers (posts only).

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.

STORE will takeout the January 26 peak

STORE will drop below the January 26 low

STORE will stay in a trading range between the January 26 low and the January 26 peak until March 28

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STORE will stay in a trading range between the January 26 low and the January 26 peak until March 28

STORE will drop below the January 26 low

STORE will takeout the January 26 peak

STORE will takeout the January 26 peak

STORE will takeout the January 26 peak

STORE will drop below the January 26 low

STORE will stay in a trading range between the January 26 low and the January 26 peak until March 28

STORE will takeout the January 26 peak

STORE will stay in a trading range between the January 26 low and the January 26 peak until March 28

STORE will drop below the January 26 low

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