Crypto Contest April 23: Hot Cross

Hot Cross (Gate.io: HOTCROSSUSDT) 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, HOTCROSS began a red wave one advance in September 2021. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked in November 2021 and the red wave two (blue sub-waves a-b-c) correction ended in March this year. If this wave count is correct, HOTCROSS should be heading next towards the November 2021 peak in the red wave three.

(Chart courtesy of Tradingview.com)

Funnymentals

Hot Cross is a multi-chain infra & web3 playground created for both blockchain teams and communities. Cryptobud reviewed the project last year.

(Sources: https://hotcross.com/)

How Will Hot Cross Trade?

Hot Cross (Gate.io: HOTCROSSUSDT) daily chart by Tradingview.

(Chart courtesy of Tradingview.com)

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.

HOTCROSS will takeout the November 2021 peak

HOTCROSS will drop below the September 2021 low

HOTCROSS will stay in a trading range between the September 2021 low and the November 2021 peak until May 30