Crypto Contest February 8: Creditcoin

Crypto Contest February 8: Creditcoin

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Creditcoin (Bittrex: CTCBTC) 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, CTC began a wave one advance on January 14. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 26, and the red wave two (blue sub-waves a-b-c) correction ended on February 2. If this wave count is correct, CTC should be heading next towards the January 26 peak in the red wave three.

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

Funnymentals

Creditcoin connects many blockchains to create a secure, transparent cryptocurrency lending market, that allows fundraisers and lenders to connect directly with one another. You can watch their intro video below.

(Sources: https://creditcoin.org/)

How Will Creditcoin Trade?

Creditcoin (Bittrex: CTCBTC) 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.

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• CTC will takeout the January 26 peak

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• CTC will drop below the January 14 low

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• CTC will stay in a trading range between the January 14 low and the January 26 peak until March 14

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Answer the question at dpoll.xyz.