Crypto Contest November 8: Auditchain

in LeoFinance2 years ago

Auditchain (Bittrex: AUDTUSDT) 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, AUDT began a red wave one advance on September 14. The red wave one (blue sub-waves i-ii-iii-iv-v) peaked on October 3 and the red wave two (blue sub-waves a-b-c) correction ended on October 29. If this wave count is correct, AUDT should be heading next towards the October 3 peak in the red wave three.

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

Funnymentals

Auditchain is a decentralized accounting, reporting, audit and analysis protocol that automates and provides proof of assurance on the world's financial and business information. You can find their whitepaper here.

(Sources: https://auditchain.finance/)

How Will Auditchain Trade?

Auditchain (Bittrex: AUDTUSDT) 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.

AUDT will takeout the October 3 peak

AUDT will drop below the September 14 low

AUDT will stay in a trading range between the September 14 low and the October 3 peak until December 15

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Sort:  

AUDT will stay in a trading range between the September 14 low and the October 3 peak until December 15

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Correct.

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removed

AUDT will takeout the October 3 peak

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AUDT will stay in a trading range between the September 14 low and the October 3 peak until December 15

AUDT will stay in a trading range between the September 14 low and the October 3 peak until December 15

Correct.

Posted Using LeoFinance Beta

AUDT will stay in a trading range between the September 14 low and the October 3 peak until December 15

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AUDT will drop below the September 14 low

AUDT will stay in a trading range between the September 14 low and the October 3 peak until December 15

AUDT will stay in a trading range between the September 14 low and the October 3 peak until December 15

AUDT will drop below the September 14 low

AUDT will stay in a trading range between the September 14 low and the October 3 peak until December 15.

Correct.

Posted Using LeoFinance Beta

AUDT will stay in a trading range between the September 14 low and the October 3 peak until December 15

Posted Using LeoFinance Beta

AUDT will drop below the September 14 low

AUDT will stay in a trading range between the September 14 low and the October 3 peak until December 15

AUDT will drop below the September 14 low

AUDT will takeout the October 3 peak

AUDT will drop below the September 14 low

Posted Using LeoFinance Beta

AUDT will takeout the October 3 peak

AUDT will drop below the September 14 low

AUDT will takeout the October 3 peak

You comment arrived too late.

Posted Using LeoFinance Beta

AUDT will stay in a trading range between the September 14 low and the October 3 peak until December 15