Crypto Contest July 12: GamerCoin
GamerCoin (KuCoin: GHXUSDT) 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, GHX began a red wave one advance on June 21. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on June 29 and the red wave two (blue sub-waves a-b-c) correction ended on July 10. If this wave count is correct, GHX should be heading next towards the June 29 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
GamerCoin is a native utility token of GamerHash platform, used by 600,000+ users, who mine crypto with gaming PCs. Crypto Fish reviewed the project earlier this year.
(Sources: https://gamerhash.io/)How Will GamerCoin Trade?
GamerCoin (KuCoin: GHXUSDT) 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 and comment below.
GHX will takeout the June 29 peak
GHX will drop below the June 21 low
GHX will stay in a trading range between the June 21 low and the June 29 peak until August 18
GHX will stay in a trading range between the June 21 low and the June 29 peak until August 18
GHX will drop below the June 21 low
Correct. Upvoted your comment:
https://steemit.com/steemleo/@yefet/qwhzlk
GHX will drop below the June 21 low
Correct.
GHX will drop below the June 21 low
Correct.
GHX will drop below the June 21 low
Correct.
GHX will takeout the June 29 peak
GHX will stay in a trading range between the June 21 low and the June 29 peak until August 18
GHX will stay in a trading range between the June 21 low and the June 29 peak until August 18
GHX will drop below the June 21 low
Correct. Upvoted your comment:
https://steemit.com/steemleo/@maltoz/qwov54
GHX will drop below the June 21 low
Correct. Upvoted your comment:
https://steemit.com/steemleo/@koskl/qwkezl