Crypto Contest December 17: Fetch.Ai
Fetch.ai (Binance: FETBTC) 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, FET began a wave one advance on October 26. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on December 8, and the red wave two (blue sub-waves a-b-c) correction ended on December 15. If this wave count is correct, FET should be heading next towards the December 8 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
Fetch.ai is a decentralized digital world in which useful economic activity can take place. They will launch the main-net in two days.
(Sources: https://fetch.ai/)
How Will Fetch.ai Trade?
Fetch.ai (Binance: FETBTC) daily 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.
- FET will takeout the December 8 peak
- FET will drop below the November 22 low
- FET will stay in a trading range between the November 22 low and the December 8 peak until January 22
Answer the question at dpoll.xyz.