Spendcoin (Bittrex: SPNDBTC) has broken out of the triangle pattern in the four-hour chart.
[](https://postimg.cc/ZCMsSpNq)
(Chart courtesy of Tradingview.com (log scale))
**Elliott Wave Analysis**
In Elliott Wave terms, Spendcoin began a wave one advance on October 4. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on October 14, and the red wave two (blue sub-waves a-b-c) correction ended on October 17. If this wave count is correct, Spendcoin should be heading next towards the October 14 peak in the red wave three.
[](https://postimg.cc/VJXqVCBp)
(Chart courtesy of Tradingview.com (log scale))
**Funnymentals**
Spendchain is a cross-chain interoperable payments blockchain designed to create frictionless payment transactions between consumers and merchants. You can watch their promo video below.
<iframe width="560" height="315" src="https://www.youtube.com/embed/CpjE2CgQx8o" frameborder="0" allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>
(Sources: https://spend.org/)
**How Will Spendcoin Trade?**
Spendcoin (Bittrex: SPNDBTC) four-hour chart by Tradingview.
[](https://postimg.cc/c6n4GM2D)
(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.
