Crypto Contest January 9: BlockStamp
BlockStamp (HitBTC: BSTUSD) 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, BST began a wave one advance on December 17, 2019. The red wave one (blue sub-waves i-ii-iii-iv-v) finished on January 1 this year, and the red wave two (blue sub-waves a-b-c) correction ended on January 5. If this wave count is correct, BST should be heading next towards the January 1 peak in the red wave three.
(Chart courtesy of Tradingview.com (log scale))
Funnymentals
BlockStamp is a blockchain ecosystem supporting privacy, fairness, authentication and freedom. You can read their plans for the current year here.
(Sources: https://blockstamp.info/)
How Will BlockStamp Trade?
BlockStamp (HitBTC: BSTUSD) 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.
- BST will takeout the January 1, 2020 peak
- BST will drop below the December 17, 2019 low
- BST will stay in a trading range between the December 17, 2019 low and the January 1, 2020 peak until February 14
Answer the question at dpoll.xyz.