Crypto Contest February 2: Beam

Crypto Contest February 2: Beam

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Beam (Binance: BEAMBTC) 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, BEAM began a wave one advance on October 26, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on November 13, 2019, and the red wave two (blue sub-waves a-b-c) correction ended on January 14 this year. If this wave count is correct, BEAM should be heading next towards the November 13, 2019 peak in the red wave three.

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

Funnymentals

Beam is a cryptocurrency that demonstrates an emphasis on privacy and anonymity with Mimblewimble implementation. VoskCoin reviewed the coin one month ago.

(Sources: https://beam.mw/)

How Will Beam Trade?

Beam (Binance: BEAMBTC) 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.

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• BEAM will takeout the November 2019 peak

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• BEAM will drop below the October 2019 low

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• BEAM will stay in a trading range between the October 2019 low and the November 2019 peak until March 9

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Answer the question at dpoll.xyz.