Crypto Contest December 19: Stronghold Token

Stronghold Token (Bittrex: SHXUSDT) 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, SHX began a red wave one advance on December 14. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on December 16 and the red wave two (blue sub-waves a-b-c) correction ended on December 18. If this wave count is correct, SHX should be heading next towards the December 16 peak in the red wave three.

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

Zooming out in the four-hour chart, I believe SHX is currently in the red wave three (blue sub-wave iii). The red wave one began on December 4 and the red wave two correction ended on December 14.

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

Funnymentals

Stronghold’s mission is to provide fast, secure, and accessible financial services for all. TALK MONEY LIFTT CAPITAL CHANNEL reviewed the project one week ago.

(Sources: https://stronghold.co/)

How Will Stronghold Token Trade?

Stronghold Token (Bittrex: SHXUSDT) 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.

SHX will takeout the December 15 peak

SHX will drop below the December 14 low

SHX will stay in a trading range between the December 14 low and the December 15 peak until January 26