Crypto Contest December 27: Crypworldcoin

in #steemleo3 years ago

Crypworldcoin (Bittrex: CWCUSD) 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, CWC began a red wave one advance on December 17. The red wave one peaked on December 17 and the red wave two (blue sub-waves a-b-c) correction ended on December 20. If this wave count is correct, CWC should be heading next towards the December 17 peak in the red wave three.

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

Funnymentals

CrypWorld aims to build a ‘Hyperconnect’ society through a decentralized blockchain. You can find their whitepaper here.

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

How Will Crypworldcoin Trade?

Crypworldcoin (Bittrex: CWCUSD) 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.

CWC will takeout the December 17 peak

CWC will drop below the December 17 low

CWC will stay in a trading range between the December 17 low and the December 17 peak until February 3

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CWC will drop below the December 17 low

CWC will drop below the December 17 low

CWC will drop below the December 17 low

CWC will takeout the December 17 peak

CWC will takeout the December 17 peak

CWC will stay in a trading range between the December 17 low and the December 17 peak until February 3

!shop

CWC will drop below the December 17 low

Your comment arrived too late.

CWC will drop below the December 17 low

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