Crypto Contest October 24: EAC

in #fbcrypto2 years ago

EAC (Bittrex: EACUSDT) 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, EAC began a red wave one advance on September 16. The red wave one peaked on September 26 and the red wave two correction ended on October 5. The red wave three (blue sub-waves i-ii-iii-iv-v) peaked on October 16 and the red wave four (blue sub-waves a-b-c) correction finished on October 20. If this wave count is correct, EAC should be heading next towards the October 16 peak in the red wave five.

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

Funnymentals

EAC is the "first" school in metaverse - Metasquare. You can find their whitepaper here.

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

How Will EAC Trade?

EAC (Bittrex: EACUSDT) daily 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.

EAC will takeout the October 16 peak

EAC will drop below the September 16 low

EAC will stay in a trading range between the September 16 low and the October 16 peak until November 30

Sort:  

EAC will drop below the September 16 low

EAC will stay in a trading range between the September 16 low and the October 16 peak until November 30

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EAC will drop below the September 16 low

EAC will stay in a trading range between the September 16 low and the October 16 peak until November 30

EAC will stay in a trading range between the September 16 low and the October 16 peak until November 30

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EAC will takeout the October 16 peak

EAC will takeout the October 16 peak

EAC will takeout the October 16 peak

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